Education
(B71Z)
IRS Verified
DX Registered
990 on File
FAIRFAX LIBRARY FOUNDATION INC
Financial strength (30%)
95/100
Reliability (20%)
55/100
Effectiveness (25%)
68/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Fairfax Library Foundation is a 501(c)(3) nonprofit charitable and educational organization committed to providing supplementary support to the Fairfax County Public Library. The Foundation, while reinforcing the need for continued and increased public support for the Library, serves as a catalyst for attracting private funding from individuals, businesses, organizations and foundations to enhance library services for our community.
Financial Overview — FY 2024
$503K
Total Revenue
$494K
Total Expenses
$7.0M
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
74.8%
Fundraising Efficiency
N/A
Operating Reserve
170.61x
Liability-to-Asset
6.3%
Revenue Diversification
63.9%
Compared with Peers
FY 2024
Compared with 15,968 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
74.8% | 89.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
19.9% | 8.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
170.6 mo | 9.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
6.3% | 0.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
63.9% | 89.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
91.9% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.1% | 9.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.7% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $503K | $494K | $7.0M | 74.8% | 3 |
| 2023 | $262K | $475K | $6.3M | 81.6% | 2 |
| 2022 | $2.2M | $472K | N/A | — | 2 |
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