Laconner Library Foundation

Analysis

Laconner Library Foundation is a registered charity in United States, based in LA Conner, WA. It received its IRS tax-exemption ruling in January 2014, 12 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, Laconner Library Foundation reported income of $63k and spending of $56k, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $328k to $63k (-81%), an average of -28% a year. The sharpest change came in the year to June 2023, when income dropped by 62%. Over the whole period it spent 134% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Laconner Library Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 19th percentile within WA. Charities of a similar size with the same main cause include PTA Texas Congress ($63k), Tampa Bay Hospitality Alliance Inc ($63k) and Lokelani Ohana ($63k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.