Houston County Friends of the Library Inc

Analysis

Houston County Friends of the Library Inc is a registered charity in United States, based in Danville, GA. It received its IRS tax-exemption ruling in December 2005, 21 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 December 2023, Houston County Friends of the Library Inc reported income of $61k and spending of $61k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $61k (+13%), an average of +13% a year. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Houston County Friends of the Library Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within GA. Charities of a similar size with the same main cause include Normandy Elementry School PTO Inc ($61k), Sycamore High School PTO ($61k) and Tailwind Aviation Foundation Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.1% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.