Friends of Kern County Library Inc

Analysis

Friends of Kern County Library Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in June 1984, 42 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 Kern County Library Inc reported income of $97k and spending of $80k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $97k (+6.7%), an average of +6.7% a year. Over the whole period it spent 153% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Kern County Library Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Lao Senior Association of Oregon ($97k), Iglesia Cristiana Emmanuel Discipulos de Cristo Inc ($97k) and USA Swimming Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.1% of the total. At year end it held assets of $241k against liabilities of $0, net assets of $241k.