San Bernardino City Library Foundation Inc

Analysis

San Bernardino City Library Foundation Inc is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in January 1996, 30 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, San Bernardino City Library Foundation Inc reported income of $69k and spending of $107k, spending 156% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $30k to $69k (+126%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 1230%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Bernardino City Library Foundation Inc sits at the 30th percentile: it is larger than about 30% 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 Marathon Yacht Club Educational Foundation Inc ($69k), His Hands and Feet Ministries Inc ($69k) and Au Sable Forks Free Library ($69k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $36k. At year end it held assets of $1.8m against liabilities of $14k, net assets of $1.8m. It reported 1 employees.