Forest Grove Library Foundation an Oregon Nonprofit Corporation

Analysis

Forest Grove Library Foundation an Oregon Nonprofit Corporation is a registered charity in United States, based in Forest Grove, OR. It received its IRS tax-exemption ruling in July 2001, 25 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, Forest Grove Library Foundation an Oregon Nonprofit Corporation reported income of $63k and spending of $1,790, leaving 97% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $20k to $63k (+212%), an average of +212% a year. The sharpest change came in the year to June 2024, when income rose by 212%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Forest Grove Library Foundation an Oregon Nonprofit Corporation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within OR. Charities of a similar size with the same main cause include American Association of Colleges for Teacher Education ($63k), Colorado Association for the Education of Young Children ($63k) and Hispanic Chamber Education Foundation ($63k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $382k against liabilities of $0, net assets of $382k.