Friends of the Littleton Library and Museum Inc

Analysis

Friends of the Littleton Library and Museum Inc is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in March 1966, 60 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Littleton Library and Museum Inc reported income of $154k and spending of $130k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $152k to $154k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 174%. Over the whole period it spent 81% 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 Littleton Library and Museum Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include St Anthony Volunteer Fire Department Inc ($154k), Johnsonburg Public Library ($154k) and Hillel the Foundation for Jewish Campus Life ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 16% of the total. At year end it held assets of $633k against liabilities of $2,965, net assets of $630k.