Friends of the North Carolina Library Blind & Physical Handicap is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 1992, with $157,547 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$158K
▲ 12.1% vs prior year
Education median: $200K
Expenses (FY2024)
$56K
Net assets
$1.7M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Friends of the North Carolina Library Blind & Physical Handicap— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Friends of the North Carolina Library Blind & Physical Handicap: 376 mo reserves · +65% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Friends of the North Carolina Library Blind & Physical Handicap— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Friends of the North Carolina Library Blind & Physical Handicap: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $103K (FY2014) to $158K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
64.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$2,953
Net assets
$1.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $157,547▲12.1% | $55,779▼7.4% | $1,747,930▲10.2% | $1,750,883▲10.3% | 990 |
| 2023 | $140,564▲49.4% | $60,209▲0.6% | $1,586,552▲12.1% | $1,588,074▲12.2% | 990 |
| 2022 | $94,060▼35.9% | $59,877▲8.5% | $1,415,568▲9.4% | $1,415,820▲9.4% | 990 |
| 2021 | $146,847▼2.8% | $55,191▲16.1% | $1,293,660▼15.1% | $1,294,160▼15.1% | 990 |
| 2020 | $151,137▲43.7% | $47,518▼27.4% | $1,523,622▲27.8% | $1,524,822▲27.7% | 990 |
| 2019 | $105,186▼25.9% | $65,427▲1.3% | $1,192,418▲3.6% | $1,194,025▲3.7% | 990 |
| 2018 | $141,974▲10.5% | $64,610▲17.2% | $1,151,426▲6.3% | $1,151,549▲6.3% | 990 |
| 2017 | $128,505▲19.4% | $55,109▼12.2% | $1,083,193▲10.5% | $1,083,216▲10.5% | 990 |
| 2016 | $107,597▲0.3% | $62,797▲8.6% | $980,151▲9.8% | $980,173▲9.8% | 990 |
| 2015 | $107,256▲4.0% | $57,802▼13.3% | $892,880▲53.4% | $893,014▲53.2% | 990 |
| 2014 | $103,117 | $66,635▼47.0% | $581,920▲14.8% | $582,872▲14.2% | 990 |
| 2012 | — | $125,687 | $506,691 | $510,483 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Friends of the North Carolina Library Blind & Physical Handicap (EIN 58-1973202) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.