Rancho Mirage Library and Observatory Foundation

Analysis

Rancho Mirage Library and Observatory Foundation is a registered charity in United States, based in Rancho Mirage, CA. It received its IRS tax-exemption ruling in May 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 June 2023, Rancho Mirage Library and Observatory Foundation reported income of $499k and spending of $468k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $387k to $499k (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2022, when income rose by 86%. 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, Rancho Mirage Library and Observatory Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Littleton Preparatory Charter School Building Corporation ($499k), Association of Specialized Professional Accreditors ($499k) and The Auction Academy ($499k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.