Coos Bay Public Library Foundation

Analysis

Coos Bay Public Library Foundation is a registered charity in United States, based in Coos Bay, OR. It received its IRS tax-exemption ruling in November 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, Coos Bay Public Library Foundation reported income of $106k and spending of $81k, leaving 23% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $2.8m to $106k (-96%), an average of -80% a year. The sharpest change came in the year to June 2024, when income rose by 102%. Over the whole period it spent 7.5% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coos Bay Public Library Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OR. Charities of a similar size with the same main cause include National Alliance of Black Schooleducators Foundation Inc ($106k), Woodland Hills School District Foundation ($106k) and NSCC Parent Advisory Council of Parent Cooperative Preschools ($106k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.