Vaclav Havel Library Foundation

Analysis

Vaclav Havel Library Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vaclav Havel Library Foundation reported income of $179k and spending of $184k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $235k to $179k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vaclav Havel Library Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Pregnancy Help Inc ($179k), Colorado Farm to Table Inc ($179k) and Winsome Riding Academy Inc ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.