Siskiyou County Library Vestal Foundation

Analysis

Siskiyou County Library Vestal Foundation is a registered charity in United States, based in Yreka, CA. 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Siskiyou County Library Vestal Foundation reported income of $91k and spending of $49k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $21k to $91k (+327%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 271%. Over the whole period it spent 39% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Siskiyou County Library Vestal Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Tug McGraw Foundation ($91k), Mount Washington Valley Kiwanis Club Charitable Foundation ($91k) and Satellite Beach Community Services Pal Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 0.4% of the total. At year end it held assets of $878k against liabilities of $0, net assets of $878k.