Education
(B11)
IRS Verified
DX Registered
990 on File
FRIENDS OF THE NEWTON FREE LIBRARY
Financial strength (30%)
64/100
Reliability (20%)
66/100
Effectiveness (25%)
82/100
Impact (25%)
No data yet
25
CharityAI™ Score
out of 100
Mission Statement
The Friends, a 501(c)(3) organization, promotes and supports the Newton Free Library’s programs, functions, resources, and services through fund raising, awareness of programs, and library advocacy. We initiate activities to enhance community awareness of and community participation in literary, artistic, and cultural programs at the library.
Financial Overview — FY 2025
$86K
Total Revenue
$131K
Total Expenses
$47K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.7%
Fundraising Efficiency
N/A
Operating Reserve
4.34x
Liability-to-Asset
N/A
Revenue Diversification
81.2%
Compared with Peers
FY 2025
Compared with 11,239 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
94.7% | 89.4% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.3 mo | 9.2 mo |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
81.2% | 88.0% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-3.3% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
83.2% | 7.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-52.1% | 3.2% |
P10P90
|
CharityAI™ Evaluation — 2025
25 / 1000
Financial
61
Reliability
42
Effectiveness
10
Impact
Financial Strength (30%)
0
Reliability & Transparency (20%)
61
Program Effectiveness (25%)
42
Impact & Outcomes (25%)
10
0 programs
IRS Verified 85% Data Complete
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $86K | $131K | $47K | 94.7% | — |
| 2024 | $89K | $71K | $92K | 81.9% | — |
| 2023 | $81K | $72K | N/A | — | 1 |
| 2022 | $100K | $111K | N/A | — | 1 |
| 2021 | $53K | $104K | N/A | — | 1 |
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