Safety Harbor Public Library Foundation

Analysis

Safety Harbor Public Library Foundation is a registered charity in United States, based in Safety Harbor, FL. It received its IRS tax-exemption ruling in September 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 2023, Safety Harbor Public Library Foundation reported income of $84k and spending of $4,263, leaving 95% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $92k to $84k (-8.7%), an average of -4.5% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 5.3% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Safety Harbor Public Library Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Groveton High School Alumni Association Inc ($84k), Westside Seniors Association ($84k) and Western Baptist Bible Fellowship ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $596k against liabilities of $1, net assets of $596k.