Education
(B71I)
IRS Verified
DX Registered
990 on File
FRIENDS OF THE HUNTINGTON BEACH PUBLIC LIBRARY
Financial strength (30%)
90/100
Reliability (20%)
55/100
Effectiveness (25%)
63/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$501K
Total Revenue
$353K
Total Expenses
$2.9M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.4%
Fundraising Efficiency
N/A
Operating Reserve
97.68x
Liability-to-Asset
0.0%
Revenue Diversification
55.7%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 16,011 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2024.
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
|
80.4% | 89.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.3% | 8.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
97.7 mo | 9.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
55.7% | 89.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-31.4% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-35.5% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
29.4% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $501K | $353K | $2.9M | 80.4% | 0 |
| 2023 | $729K | $548K | $2.7M | 95.7% | 0 |
| 2022 | $248K | $29K | $2.6M | 50.5% | 0 |
| 2021 | $986K | $423K | N/A | — | 0 |
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