Friends of the Camarillo Library

Analysis

Friends of the Camarillo Library is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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 October 2023, Friends of the Camarillo Library reported income of $183k and spending of $184k, spending 101% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $242k to $183k (-25%), an average of -6.8% a year. The sharpest change came in the year to October 2020, when income dropped by 55%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Camarillo Library sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Barbara P Bush Elementary Parent Teacher Organization ($183k), Entrepreneurs Organization ($183k) and Falcon Booster Club ($183k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.