Tulare County Library Foundation

Analysis

Tulare County Library Foundation is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in March 1999, 27 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 June 2024, Tulare County Library Foundation reported income of $253k and spending of $366k, spending 145% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $159k to $253k (+59%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tulare County Library Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Dreyfoos Parent Teacher Student Organization Inc ($253k), St Edwards Catholic School Foundation Inc ($253k) and Jos Programs Inc ($253k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 1.8% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.