Longview Library Foundation

Analysis

Longview Library Foundation is a registered charity in United States, based in Longview, WA. It received its IRS tax-exemption ruling in April 2003, 23 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, Longview Library Foundation reported income of $156k and spending of $124k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $161k to $156k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2020, when income rose by 223%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Longview Library Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within WA. Charities of a similar size with the same main cause include Oil City Blue & White Club ($156k), Raider Area Choir Booster Club ($156k) and Harvard Womxn in Computer Science Inc ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $4,219. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m. It reported 3 employees.