Friends of African Village Libraries

Analysis

Friends of African Village Libraries is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of African Village Libraries reported income of $67k and spending of $62k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $67k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of African Village Libraries sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include The Hillsdale Athletic Boosters ($67k), North Iowa Libraries Collaborating ($67k) and McKinneys Project Graduation ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.