Desert Foothills Library Association

Analysis

Desert Foothills Library Association is a registered charity in United States, based in Cave Creek, AZ. It received its IRS tax-exemption ruling in August 1975, 51 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 2023, Desert Foothills Library Association reported income of $538k and spending of $1.4m, spending 257% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $538k (-82%), an average of -35% a year. The sharpest change came in the year to June 2020, when income dropped by 57%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Desert Foothills Library Association sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within AZ. Charities of a similar size with the same main cause include Little Angels Children Development Center Inc ($538k), Hope ($538k) and Crea Foundation Inc ($538k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 108% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $187k (14% of expenses). Other salaries and wages came to $268k. At year end it held assets of $10.3m against liabilities of $34k, net assets of $10.2m.