Friends of a K Smiley Public Library

Analysis

Friends of a K Smiley Public Library is a registered charity in United States, based in Redlands, CA. It received its IRS tax-exemption ruling in April 1982, 44 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 June 2023, Friends of a K Smiley Public Library reported income of $160k and spending of $95k, leaving 41% of income unspent that year. Across the 3 years on record, from June 2020 to June 2023, income grew from $116k to $160k (+38%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of a K Smiley Public Library sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Utah Pa&np Conference Group ($160k), Friends of Oatland Island Inc ($160k) and Arkansas School for the Blind Foundation ($160k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 57% of the total. At year end it held assets of $541k against liabilities of $0, net assets of $541k.