El Cerrito Library Foundation

Analysis

El Cerrito Library Foundation is a registered charity in United States, based in El Cerrito, CA. It received its IRS tax-exemption ruling in April 2015, 11 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, El Cerrito Library Foundation reported income of $65k and spending of $14k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $65k (+115%), an average of +114% a year. The sharpest change came in the year to December 2023, when income rose by 115%. Over the whole period it spent 23% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, El Cerrito 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 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Marshall Elementary Parent Teacher Organization ($65k), Columbia Wound Care Consortium ($65k) and Oregon Association of Woodturners ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $528k against liabilities of $0, net assets of $528k.