Alexandria Library Foundation Inc

Analysis

Alexandria Library Foundation Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in March 1998, 28 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, Alexandria Library Foundation Inc reported income of $102k and spending of $157k, spending 155% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $87k to $102k (+16%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alexandria Library Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include Creative Million Inc ($102k), G Pauline Parker-Ltc Foundation Trust ($102k) and Panhandle Council of Car Clubs Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $485k against liabilities of $22k, net assets of $463k.