Pueblo Library Foundation

Analysis

Pueblo Library Foundation is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in September 2012, 14 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, Pueblo Library Foundation reported income of $139k and spending of $90k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $139k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 59% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pueblo Library Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within CO. Charities of a similar size with the same main cause include Washington Community Fund Inc ($139k), Paul R Wharton Sr High School Athletic Booster Club Inc ($139k) and Greenwood Education Foundation Inc ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $577k against liabilities of $20k, net assets of $558k.