Philanthropy & Grantmaking
(T20Z)
990 on File
FRIENDS OF THE ALBANY COUNTY PUBLIC LIBRARY
Financial strength (30%)
66/100
Reliability (20%)
55/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$78K
Total Revenue
$74K
Total Expenses
$35K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
99.6%
Fundraising Efficiency
N/A
Operating Reserve
5.71x
Liability-to-Asset
N/A
Revenue Diversification
90.7%
Compared with Peers
FY 2024
Compared with 21,182 similar organizations
(United States, Philanthropy & Grantmaking, under $100K 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
|
99.6% | 86.8% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.7 mo | 122.3 mo |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
90.7% | 94.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
16.3% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
17.4% | 0.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.0% | 7.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $78K | $74K | $35K | 99.6% | — |
| 2023 | $67K | $63K | $31K | 99.6% | — |
| 2022 | $63K | $53K | $27K | 99.5% | — |
| 2021 | $39K | $48K | N/A | — | 1 |
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