Libreria Del Pueblo Inc

Analysis

Libreria Del Pueblo Inc is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Libreria Del Pueblo Inc reported income of $1.0m and spending of $1.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $301k to $1.0m (+247%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Libreria Del Pueblo Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Calvin Hill Day Care Center Inc ($1.0m), Safe Space Inc ($1.0m) and New Beginning Global Outreach Ministries Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $37k (3.3% of expenses). Other salaries and wages came to $282k. At year end it held assets of $325k against liabilities of $0, net assets of $325k. It reported 7 employees.