Fort Vancouver Regional Library Foundation

Analysis

Fort Vancouver Regional Library Foundation is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in February 1996, 30 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, Fort Vancouver Regional Library Foundation reported income of $2.9m and spending of $2.7m, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.6m to $2.9m (+10%), an average of +2.0% a year. The sharpest change came in the year to June 2024, when income rose by 151%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fort Vancouver Regional Library Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Gec School ($2.9m), Society of Christian Instruction of Rock Valley Iowa ($2.9m) and Suny Agriculture & Tech College Found Inc Faculty Stud Assoc Suny ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $193k (7.2% of expenses). Other salaries and wages came to $265k. At year end it held assets of $10.2m against liabilities of $18k, net assets of $10.2m. It reported 4 employees.