Friends of the Oro Valley Public Library

Analysis

Friends of the Oro Valley Public Library is a registered charity in United States, based in Oro Valley, AZ. It received its IRS tax-exemption ruling in September 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, Friends of the Oro Valley Public Library reported income of $255k and spending of $265k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $166k to $255k (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 99% 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 Oro Valley Public Library sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within AZ. Charities of a similar size with the same main cause include Oakland Homeschool Music Inc ($255k), Missouri Community Health Foundation Inc ($255k) and Cedar Ridge High School Band Boosters ($255k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $371k against liabilities of $230, net assets of $371k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.