The Carlsbad Library Foundation

Analysis

The Carlsbad Library Foundation is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in August 1999, 27 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, The Carlsbad Library Foundation reported income of $278k and spending of $111k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $145k to $278k (+92%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 243%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Carlsbad Library Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Orme Primavera Schools Foundation ($278k), Teacher Education Division of the Council for Exceptional Children ($278k) and White Knoll Band Boosters ($278k).

At year end it held assets of $4.8m against liabilities of $0, net assets of $4.8m.