Pierce County Library Foundation FY2022 filing
Funds library services and programs for Pierce County. For fiscal year 2022 it reported $1.6M in revenue, $813K in expenses, and $1.6M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Nonprofit
- Location
- Tacoma, WA
- Filings
- 5 on file (2020–2022)
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Summary of the Filing
Where the work happens
E-books and e-audio books were in increased demand by our community caused by the COVID-19 pandemic and reduced physical material distribution. Seniors now have access to many titles via e-books and can set the font size as large as necessary or listen to an ever expanding list of e-audio books.
Funds for summer reading supported book giveaways for children aged birth through five, and aged six through eighteen to promote and strengthen literacy levels.
On the Road
The foundation purchased giveaway books for children who either lack access to our physical library locations or resources to build their own home libraries. Research has proven that books in the household inspire reading, and promote and strengthen literacy levels.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 94% | — | — |
| Overhead ratio | 4% | — | — |
| Fundraising cost ratio | 0.8% | — | — |
| Revenue growth | 163% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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