Friends of the American Fork Library

Analysis

Friends of the American Fork Library is a registered charity in United States, based in Highland, UT. It received its IRS tax-exemption ruling in March 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 American Fork Library reported income of $78k and spending of $95k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $26k to $78k (+196%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 91% 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 American Fork Library sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within UT. Charities of a similar size with the same main cause include Juanita Elementary PTA ($78k), International Union of Operating Engineers Local 478 Educational TR ($78k) and Defend Life Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.