Friends of the Henderson District Public Libraries

Analysis

Friends of the Henderson District Public Libraries is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Friends of the Henderson District Public Libraries reported income of $201k and spending of $85k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $235k to $201k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2023, when income rose by 175%. Over the whole period it spent 95% 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 Henderson District Public Libraries sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 59th percentile within NV. Charities of a similar size with the same main cause include Parent Booster USA Inc ($201k), Great Heights Inc ($201k) and School Bucks Inc ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.