Walnut Creek Library Foundation

Analysis

Walnut Creek Library Foundation is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in July 1999, 27 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, Walnut Creek Library Foundation reported income of $265k and spending of $288k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $272k to $265k (-2.4%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Walnut Creek Library Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Loomis Basin Charter School Parent Teacher Club ($265k), Gateway Educational Services ($265k) and The Columbus Community Center Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $2.9m against liabilities of $53k, net assets of $2.9m. It reported 2 employees.