Friends of the Beatley Central Library Inc

Analysis

Friends of the Beatley Central Library Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Beatley Central Library Inc reported income of $93k and spending of $98k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $93k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 77% 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 Beatley Central Library Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within VA. Charities of a similar size with the same main cause include Central Elementary School Parent Teacher Organization Inc ($93k), Spanish Fort Education Enrichment Foundation ($93k) and English Honor Society Sigma Kappa Delta Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 90% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.