Friends of the Rogers Public Library

Analysis

Friends of the Rogers Public Library is a registered charity in United States, based in Rogers, AR. It received its IRS tax-exemption ruling in March 1986, 40 years ago. 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 December 2023, Friends of the Rogers Public Library reported income of $203k and spending of $153k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $156k to $203k (+30%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Rogers Public Library sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within AR. Charities of a similar size with the same main cause include Los Angeles Mission College Foundation ($203k), Brown County United Way ($203k) and Young Parents Education Center Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $488k against liabilities of $0, net assets of $488k.