Josephine Community Library Foundation

Analysis

Josephine Community Library Foundation is a registered charity in United States, based in Grants Pass, OR. It received its IRS tax-exemption ruling in March 1988, 38 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, Josephine Community Library Foundation reported income of $1.3m and spending of $292k, leaving 77% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $339k to $1.3m (+282%), an average of +40% a year. The sharpest change came in the year to June 2022, when income rose by 141%. Over the whole period it spent 21% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Josephine Community Library Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OR. Charities of a similar size with the same main cause include North Carolina Trucking Association Foundation ($1.3m), New Castle Christian Academy Inc ($1.3m) and Bitney College Preparatory High School ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $98k (34% of expenses). Other salaries and wages came to $38k. At year end it held assets of $6.4m against liabilities of $2,802, net assets of $6.4m. It reported 3 employees.