Friends of the San Rafael Public Library

Analysis

Friends of the San Rafael Public Library is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Friends of the San Rafael Public Library reported income of $71k and spending of $41k, leaving 42% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $52k to $71k (+35%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 36%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the San Rafael Public Library sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Glen Arden Parent Teacher Organization ($71k), Fieldbrook Educational Foundation ($71k) and Chincoteague Island Library Inc ($71k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% of the total. Compensation of current officers, directors and key employees was $3,290 (8.0% of expenses). At year end it held assets of $565k against liabilities of $0, net assets of $565k.