San Diego Public Library Foundation

Analysis

San Diego Public Library Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 2001, 25 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 2024, San Diego Public Library Foundation reported income of $4.3m and spending of $3.1m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.3m to $4.3m (+81%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 82%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Diego Public Library Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Christ Covenant School ($4.3m), George Junior Republic ($4.3m) and Classical School of Wichita Association ($4.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $564k (18% of expenses). Other salaries and wages came to $482k. At year end it held assets of $10.7m against liabilities of $3.5m, net assets of $7.1m. It reported 17 employees.