Spokane Public Library Foundation

Analysis

Spokane Public Library Foundation is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spokane Public Library Foundation reported income of $136k and spending of $68k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $136k (+123%), an average of +123% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spokane Public Library Foundation sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within WA. Charities of a similar size with the same main cause include Lakeview Parent Teacher Student Association ($136k), Fight Foundation ($136k) and United States Emc Standards Corporation ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $503k against liabilities of $891, net assets of $502k.