Friends of the North Logan City Library

Analysis

Friends of the North Logan City Library is a registered charity in United States, based in North Logan, UT. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 North Logan City Library reported income of $228k and spending of $186k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $228k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 89% 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 North Logan City Library sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within UT. Charities of a similar size with the same main cause include Basis Knights Boosters Inc ($227k), Jandernoa Entrepreneurial Mentoring ($228k) and Newport High School Ptsa ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 0.7% of the total. At year end it held assets of $216k against liabilities of $0, net assets of $216k.