Santa Clara City Library Foundation and Friends

Analysis

Santa Clara City Library Foundation and Friends is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in June 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, Santa Clara City Library Foundation and Friends reported income of $247k and spending of $342k, spending 139% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $322k to $247k (-23%), an average of -6.4% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Santa Clara City Library Foundation and Friends sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Greater Atlanta Christian Foundation Inc ($247k), Ilio Dipaolo Scholarship Fund Inc ($247k) and Glenwood Booster Club ($247k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $103k (30% of expenses). Other salaries and wages came to $37k. At year end it held assets of $488k against liabilities of $14k, net assets of $474k. It reported 5 employees.