Friends of the Upland Public Library

Analysis

Friends of the Upland Public Library is a registered charity in United States, based in Upland, CA. It received its IRS tax-exemption ruling in May 1968, 58 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Friends of the Upland Public Library reported income of $72k and spending of $103k, spending 144% of what it took in. Across the 4 years on record, from April 2021 to April 2024, income fell from $363k to $72k (-80%), an average of -42% a year. The sharpest change came in the year to April 2023, when income dropped by 62%. Over the whole period it spent 32% 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 Upland Public Library sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Oriole Park Baseball Associaiton ($72k), Mills Park Elementary PTA ($72k) and Leadership St Tammany Inc ($72k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $497k against liabilities of $0, net assets of $497k.