Burlingame Library Foundation

Analysis

Burlingame Library Foundation is a registered charity in United States, based in Burlingame, CA. It received its IRS tax-exemption ruling in June 1995, 31 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, Burlingame Library Foundation reported income of $307k and spending of $239k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $399k to $307k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Burlingame Library Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Morristown Centennial Library Association ($307k), Tomahawk Lake Association Inc ($307k) and Hudson River Park Mothers Group Org ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. Compensation of current officers, directors and key employees was $42k (18% of expenses). At year end it held assets of $2.1m against liabilities of $93k, net assets of $2.0m. It reported 1 employees.