Public Library Foundation

Analysis

Public Library Foundation is a registered charity in United States, based in Seguin, TX. It received its IRS tax-exemption ruling in May 1991, 35 years ago. 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, Public Library Foundation reported income of $177k and spending of $86k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $308k to $177k (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 417%. Over the whole period it spent 29% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Public Library Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Military Moms & Wives of Brazoria County ($177k), White Earth Rediscovery Center ($177k) and Brandywiners Ltd ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.