Arapahoe Library Foundation Inc

Analysis

Arapahoe Library Foundation Inc is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arapahoe Library Foundation Inc reported income of $233k and spending of $167k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $423k to $233k (-45%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 60%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arapahoe Library Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include New Orleans Regional Leadership Institute ($233k), Association of Public Health Nurses ($233k) and North Gwinnett High School Orchestra Association Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 45% of the total. At year end it held assets of $477k against liabilities of $1,352, net assets of $476k.