Cedar Park Public Library Foundation

Analysis

Cedar Park Public Library Foundation is a registered charity in United States, based in Cedar Park, TX. It received its IRS tax-exemption ruling in September 1994, 32 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, Cedar Park Public Library Foundation reported income of $306k and spending of $65k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $306k (+160%), an average of +160% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 32% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cedar Park Public Library Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Magnolia Classical Academy ($306k), Wlsa US Foundation ($306k) and Learning Tree Christian School ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $421k against liabilities of $0, net assets of $421k.