Friends of the Texas A&m University Libraries

Analysis

Friends of the Texas A&m University Libraries is a registered charity in United States, based in College Sta, TX. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Friends of the Texas A&m University Libraries reported income of $66k and spending of $25k, leaving 62% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $52k to $66k (+27%), an average of +6.1% a year. The sharpest change came in the year to April 2022, when income rose by 53%. Over the whole period it spent 102% 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 Texas A&m University Libraries sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Light Up Learning Inc ($66k), Parent Booster USA Inc ($66k) and Callisburg Athletic Booster Club ($66k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.