New Friends of Maricopa County Library District Inc

Analysis

New Friends of Maricopa County Library District Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2001, 25 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 June 2024, New Friends of Maricopa County Library District Inc reported income of $55k and spending of $44k, leaving 20% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $44k to $55k (+25%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 25%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Friends of Maricopa County Library District Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within AZ. Charities of a similar size with the same main cause include Illinois Association of Student Financial Aid Administrators Inc ($55k), Filipino Chamber of Commerce Ofhawaii Foundation ($55k) and George Washington International Affairs Association Inc ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 80% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.