Grover Beach Community Library

Analysis

Grover Beach Community Library is a registered charity in United States, based in Grover Beach, CA. It received its IRS tax-exemption ruling in May 2006, 20 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, Grover Beach Community Library reported income of $65k and spending of $32k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $365k to $65k (-82%), an average of -35% a year. The sharpest change came in the year to December 2020, when income dropped by 69%. Over the whole period it spent 18% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grover Beach Community Library sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Friends of Music Acadiana ($65k), Delaware Valley Wrestling Foundation ($65k) and North Schuylkill Band Boosters Association ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $845k against liabilities of $0, net assets of $845k.