Friends of the National City Library

Analysis

Friends of the National City Library is a registered charity in United States, based in National City, CA. It received its IRS tax-exemption ruling in April 1983, 43 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 2023, Friends of the National City Library reported income of $88k and spending of $149k, spending 168% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $23k to $88k (+287%), an average of +57% a year. The sharpest change came in the year to June 2021, when income rose by 1908%. Over the whole period it spent 49% 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 National City Library sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Redwood Falls Hockey Association ($88k), Little League Baseball Inc ($88k) and PTA Florida Congress ($88k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 5.3% and program service revenue 2.9% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.