Pendleton Friends of the Library

Analysis

Pendleton Friends of the Library is a registered charity in United States, based in Pendleton, OR. It received its IRS tax-exemption ruling in October 1981, 45 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, Pendleton Friends of the Library reported income of $57k and spending of $68k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $77k to $57k (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2021, when income rose by 913%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pendleton Friends of the Library sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within OR. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($57k), Road Runners Club of America ($57k) and Richard Krantz Christian Faith Ministries ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 2.4% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.