Ventura County Library Foundation

Analysis

Ventura County Library Foundation is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in September 2014, 12 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, Ventura County Library Foundation reported income of $65k and spending of $98k, spending 152% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $143k to $65k (-55%), an average of -55% a year. The sharpest change came in the year to June 2024, when income dropped by 55%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ventura County Library Foundation 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 Taylor Ffa Booster Club ($64k), Little Miami Band Boosters ($65k) and Harry D Jacobs Golden Eagles Athletic Booster Club Inc ($64k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $68k against liabilities of $104, net assets of $67k.