Friends of the Highwood Public Library

Analysis

Friends of the Highwood Public Library is a registered charity in United States, based in Highwood, IL. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Friends of the Highwood Public Library reported income of $474k and spending of $492k, spending 104% of its income. Across the 4 years on record, from April 2021 to April 2024, income grew from $410k to $474k (+16%), an average of +5.0% a year. The sharpest change came in the year to April 2022, when income rose by 159%. Over the whole period it spent 68% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of the Highwood Public Library sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Eastern Environmental Law Center Inc ($474k), Yaak Valley Forest Council ($474k) and Land Savers United ($474k).

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 $1.1m against liabilities of $0, net assets of $1.1m.