Champaign Public Library Foundation

Analysis

Champaign Public Library Foundation is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in June 1995, 31 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, Champaign Public Library Foundation reported income of $394k and spending of $1.8m, spending 466% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $326k to $394k (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 369%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Champaign Public Library Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include University of Nebraska at Omaha Alumni Association ($394k), Woodland Montessori School ($394k) and Pacific Christian Academy ($394k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $2.9m against liabilities of $5,516, net assets of $2.9m.