Birchard Library Association Foundation

Analysis

Birchard Library Association Foundation is a registered charity in United States, based in Fremont, OH. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Birchard Library Association Foundation reported income of $198k and spending of $118k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $130k to $198k (+53%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Birchard Library Association Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Luma Arts Initiative Inc ($198k), Bigfork Playhouse Childrens Theatre Inc ($198k) and David H Garrett Foundation ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $516k against liabilities of $0, net assets of $516k.