Friends of Chandler Public Library Inc

Analysis

Friends of Chandler Public Library Inc is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in February 1982, 44 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 2023, Friends of Chandler Public Library Inc reported income of $113k and spending of $91k, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $95k to $113k (+18%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 121%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Chandler Public Library Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within AZ. Charities of a similar size with the same main cause include Little League Baseball Inc ($113k), San Marcos Youth Service Bureau Inc ($113k) and PTA California Congress of Parents Teachers & Students Inc ($113k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 39% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.