Siuslaw Public Library Foundation

Analysis

Siuslaw Public Library Foundation is a registered charity in United States, based in Florence, OR. It received its IRS tax-exemption ruling in January 2021, 5 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, Siuslaw Public Library Foundation reported income of $110k and spending of $11k, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $778k to $110k (-86%), an average of -86% a year. The sharpest change came in the year to December 2023, when income dropped by 86%. Over the whole period it spent 1.2% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Siuslaw Public Library Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OR. Charities of a similar size with the same main cause include Children of Lebanon Inc ($110k), Abington Band Parents Association Inc ($110k) and Catholic Business Network of Washington DC Scholarship Grant Fo ($110k).

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 $915k against liabilities of $0, net assets of $915k.