Tehama County Friends of the Library

Analysis

Tehama County Friends of the Library is a registered charity in United States, based in Red Bluff, CA. It received its IRS tax-exemption ruling in August 1994, 32 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, Tehama County Friends of the Library reported income of $61k and spending of $26k, leaving 57% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $38k to $61k (+59%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tehama County Friends of the Library sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include PTA Florida Congress ($61k), PTA North Carolina Congress ($61k) and Humboldt Community School Education Foundation ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $269k against liabilities of $0, net assets of $269k.