Springfield Public Library Foundation Inc

Analysis

Springfield Public Library Foundation Inc is a registered charity in United States, based in Springfield, OR. It received its IRS tax-exemption ruling in June 2002, 24 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 December 2023, Springfield Public Library Foundation Inc reported income of $146k and spending of $109k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $159k to $146k (-8.0%), an average of -8.0% a year. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Springfield Public Library Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OR. Charities of a similar size with the same main cause include Charger Bands Booster Organization ($146k), Friends of Hope School ($146k) and Savannah R-Iii School District Foundation Inc ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $349k against liabilities of $0, net assets of $349k.