Friends of the Copper Queen Library

Analysis

Friends of the Copper Queen Library is a registered charity in United States, based in Bisbee, AZ. It received its IRS tax-exemption ruling in April 1999, 27 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 Copper Queen Library reported income of $51k and spending of $41k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $59k to $51k (-13%), an average of -13% a year. Over the whole period it spent 94% 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 Copper Queen Library sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within AZ. Charities of a similar size with the same main cause include Hanover High School Choral Boosters ($51k), McKinley Elementary Parent Teacher Organization ($51k) and Onnemi International Ministries ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 17% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.