Templeton Community Library Association

Analysis

Templeton Community Library Association is a registered charity in United States, based in Templeton, CA. It received its IRS tax-exemption ruling in August 2000, 26 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, Templeton Community Library Association reported income of $513k and spending of $54k, leaving 89% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $157k to $513k (+226%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 527%. Over the whole period it spent 13% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Templeton Community Library Association sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Montessori School of Tupelo Mississippi Inc ($513k), Colorado Consortium for Earth and Space Science Education ($513k) and Speak with Purpose ($513k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $9,888. At year end it held assets of $2.3m against liabilities of $2,782, net assets of $2.3m. It reported 1 employees.