Friends of the Turlock Public Library

Analysis

Friends of the Turlock Public Library is a registered charity in United States, based in Turlock, CA. It received its IRS tax-exemption ruling in November 1994, 32 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 June 2023, Friends of the Turlock Public Library reported income of $197k and spending of $15k, leaving 92% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $313k to $197k (-37%), an average of -21% a year. The sharpest change came in the year to June 2022, when income dropped by 42%. Over the whole period it spent 40% 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 Turlock Public Library sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Old Jamestown School Association Inc ($197k), Quad Cities Interfaith Sponsoring Committee ($197k) and Reconnect Rochester Inc ($197k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 111% of the total. At year end it held assets of $639k against liabilities of $0, net assets of $639k.