The Sausalito Library Foundation

Analysis

The Sausalito Library Foundation is a registered charity in United States, based in Sausalito, CA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, The Sausalito Library Foundation reported income of $68k and spending of $1,121, leaving 98% of income unspent that year. Across the 3 years on record, from December 2018 to December 2021, income grew from $30k to $68k (+131%), an average of +52% a year. The sharpest change came in the year to December 2019, when income rose by 58%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Sausalito Library Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Walpole Rebels Gridiron Club Inc ($68k), Redmond Middle School Ptsa 2 8 80 ($68k) and LA Veta School Foundation ($68k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 15% of the total. At year end it held assets of $763k against liabilities of $0, net assets of $763k.