California Library Association

Analysis

California Library Association is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in October 1971, 55 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, California Library Association reported income of $3.3m and spending of $2.8m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $3.3m (+87%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Library Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Homebase Cincinnati ($3.3m), Learning Tree Institute at Greenbush ($3.3m) and Pinemere Camp Association Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $88k (3.1% of expenses). Other salaries and wages came to $158k. At year end it held assets of $2.3m against liabilities of $118k, net assets of $2.2m. It reported 4 employees.