Friends of the Library of El Dorado County Inc

Analysis

Friends of the Library of El Dorado County Inc is a registered charity in United States, based in Placerville, CA. It received its IRS tax-exemption ruling in June 1966, 60 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, Friends of the Library of El Dorado County Inc reported income of $329k and spending of $230k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $329k (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 88% 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 Library of El Dorado County Inc sits at the 62nd percentile: it is larger than about 62% 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 Boys & Girls Clubs of Greater Washington Foundation ($329k), Pleasant Hill Volunteer Fire Department Inc ($329k) and Minnesota Law Enforcement Explorer Association ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 38% of the total. At year end it held assets of $682k against liabilities of $0, net assets of $682k.