Ojai Valley Library Friends and Foundation

Analysis

Ojai Valley Library Friends and Foundation is a registered charity in United States, based in Ojai, CA. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ojai Valley Library Friends and Foundation reported income of $76k and spending of $60k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $59k to $76k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ojai Valley Library Friends and Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Oakdale High School Band Boosters ($76k), Technology and Entrepreneurship Center ($76k) and Opportunity Leading to Lifelong Academic Success Academy Inc ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $1.1m against liabilities of $150, net assets of $1.1m.