Friends of the Dana Point Library

Analysis

Friends of the Dana Point Library is a registered charity in United States, based in Dana Point, CA. It received its IRS tax-exemption ruling in April 1980, 46 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 the Dana Point Library reported income of $57k and spending of $15k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $57k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 31% 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 Dana Point Library sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Alamo Heights Independent School Distruct Fine Arts Association ($57k), Fauquier Youth Livestock Advisory Council ($57k) and Sunset Heights Ptso ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 95% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.