North Broward Preparatory School Friends of the Library Inc

Analysis

North Broward Preparatory School Friends of the Library Inc is a registered charity in United States, based in Coconut Creek, FL. It received its IRS tax-exemption ruling in July 2021, 5 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, North Broward Preparatory School Friends of the Library Inc reported income of $52k and spending of $39k, leaving 26% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $44k to $52k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Broward Preparatory School Friends of the Library Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include Camerata Musica ($52k), Ellwood City Area Historical Society ($52k) and American Society of Heating Refrigerating & A-C Engineers ($52k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 35% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.