Humboldt Library Foundation

Analysis

Humboldt Library Foundation is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in March 1998, 28 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, Humboldt Library Foundation reported income of $197k and spending of $153k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $197k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Humboldt Library Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Aliso Niguel High School Pep Squad Booster Club ($197k), Chisholm Kids Plus ($197k) and Wilton Free Library Association ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Other salaries and wages came to $24k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 1 employees.