Friends of the Davis Public Library

Analysis

Friends of the Davis Public Library is a registered charity in United States, based in Davis, CA. It received its IRS tax-exemption ruling in March 1965, 61 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 2024, Friends of the Davis Public Library reported income of $327k and spending of $203k, leaving 38% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $274k to $327k (+19%), an average of +9.1% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Davis Public Library sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include The James Phillips Williams Memorial Foundation ($327k), El Paso Baptist Clinic ($327k) and Lenawee County Educational Foundation ($327k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.5% and program service revenue 91% of the total. At year end it held assets of $619k against liabilities of $0, net assets of $619k.