Yuma Library Foundation

Analysis

Yuma Library Foundation is a registered charity in United States, based in Yuma, AZ. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Yuma Library Foundation reported income of $318k and spending of $233k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $318k (+245%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 894%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yuma Library Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include Harps Foundation ($318k), Greek School of Plato Ltd ($318k) and Tapestry Folkdance Center ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% of the total. Other salaries and wages came to $31k. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m. It reported 1 employees.