Altadena Library Foundation

Analysis

Altadena Library Foundation is a registered charity in United States, based in Altadena, CA. It received its IRS tax-exemption ruling in November 2011, 15 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 2023, Altadena Library Foundation reported income of $54k and spending of $79k, spending 146% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $57k to $54k (-5.6%), an average of -1.9% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Altadena Library Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Learning in Retirement of Waukesha County ($54k), Fairfield Isd Education Foundation ($54k) and Logan Guyandotte Improvement Committee Inc ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $5,966. At year end it held assets of $513k against liabilities of $0, net assets of $513k. It reported 1 employees.