Friends of the Aurora Public Library

Analysis

Friends of the Aurora Public Library is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in July 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Aurora Public Library reported income of $105k and spending of $113k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $105k (+8.0%), an average of +8.0% a year. Over the whole period it spent 101% 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 Aurora Public Library sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within CO. Charities of a similar size with the same main cause include Missouri Art Education Association ($105k), Friends of Seguin Island Light Station ($105k) and Automatic Musical Instrument Collectors Association ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.