The Friends of the Juneau Public Libraries

Analysis

The Friends of the Juneau Public Libraries is a registered charity in United States, based in Juneau, AK. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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, The Friends of the Juneau Public Libraries reported income of $170k and spending of $133k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $185k to $170k (-8.3%), an average of -2.1% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Friends of the Juneau Public Libraries sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within AK. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($169k), Los Angeles Section 8 Browning Lomod Corporation -3 ($170k) and Queen City Community Kitchen ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $900k against liabilities of $0, net assets of $900k.