Library Legacy Foundation of the Toledo-luce County Public Library is a 501(c)(3) organization based in Toledo, Ohio, registered in 1990, with $798,742 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$799K
▼ 13.4% vs prior year
Education median: $200K
Expenses (FY2024)
$631K
Net assets
$12.8M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Library Legacy Foundation of the Toledo-luce County Public Library— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Library Legacy Foundation of the Toledo-luce County Public Library: 243 mo reserves · +21% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Library Legacy Foundation of the Toledo-luce County Public Library— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Library Legacy Foundation of the Toledo-luce County Public Library: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $877K (FY2013) to $799K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
21.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.8M
Total liabilities
$1,213
Net assets
$12.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $798,742▼13.4% | $630,518▲10.2% | $12,750,268▲15.8% | $12,751,481▲15.7% | 990 |
| 2023 | $922,796▲302% | $572,392▼21.2% | $11,011,504▲20.5% | $11,016,817▲20.3% | 990 |
| 2022 | $229,793▼85.8% | $726,415▲261% | $9,139,507▼16.3% | $9,159,333▼16.2% | 990 |
| 2021 | $1,622,979▲36.4% | $201,230▲31.7% | $10,920,502▲20.6% | $10,925,769▲20.6% | 990 |
| 2020 | $1,189,777▼27.9% | $152,779▼75.0% | $9,051,793▲18.1% | $9,056,548▲18.1% | 990 |
| 2019 | $1,649,781▼4.1% | $611,218▼52.4% | $7,665,698▲33.0% | $7,668,451▲33.0% | 990 |
| 2018 | $1,720,047▲297% | $1,285,308▲214% | $5,762,822▼0.3% | $5,767,547▼0.6% | 990 |
| 2017 | $433,357▼75.2% | $409,400▼36.0% | $5,777,274▲8.9% | $5,801,537▲9.2% | 990 |
| 2016 | $1,744,903▲78.3% | $639,284▲55.4% | $5,305,189▲29.3% | $5,314,339▲28.4% | 990 |
| 2015 | $978,835▲49.4% | $411,489▼36.8% | $4,101,575▲12.4% | $4,139,852▲13.1% | 990 |
| 2014 | $655,288▼25.3% | $651,590▲67.3% | $3,648,468▲1.1% | $3,660,312▲1.4% | 990 |
| 2013 | $876,710 | $389,370▲14.3% | $3,608,324▲25.1% | $3,610,919▲24.9% | 990 |
| 2012 | — | $340,520▲29.6% | $2,884,663▲12.8% | $2,892,073▲12.0% | 990 |
| 2011 | — | $262,818▼7.8% | $2,557,409▼0.8% | $2,582,604▼0.3% | 990 |
| 2010 | — | $285,024 | $2,578,134 | $2,590,801 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
17 grants to Library Legacy Foundation of the Toledo-luce County Public Library totaling $411K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Toledo Community Foundation | Children's programming. donation match; general support | 2024 | $6,265 |
| Charities Aid Foundation America | Charitable donation | 2023 | $9,750 |
| Toledo Community Foundation | Digital equity lucas county, sylvania branch library, children's programming, grant from welltower inc. for general support | 2022 | $14,500 |
| Toledo Community Foundation | General support, annual distribution, operating & capital needs of the oregon branch library | 2021 | $6,888 |
| Promedica Health System Inc | Charitable donation | 2020 | $110,000 |
| Toledo Community Foundation | Children's floor | 2020 | $25,000 |
| Toledo Community Foundation | 2020 census coordinator, families learning together | 2019 | $57,500 |
| Toledo Community Foundation | Children's floor | 2019 | $25,000 |
| Toledo Community Foundation | Library legacy foundation | 2018 | $5,000 |
| Toledo Community Foundation | Planting a seed to read campaign, including special programming with emphasi | 2017 | $30,000 |
| Mozilla Foundation | To provide digital literacy training to librarians. | 2017 | $10,000 |
| Toledo Community Foundation | Planting a seed to read campaign, including special programming with emphasi | 2016 | $30,000 |
| Mozilla Foundation | To provide web literacy training to library staff. | 2016 | $10,000 |
| Donor Advised Charitable Giving | Education | 2016 | $5,500 |
| Toledo Community Foundation | Planting a seed to read campaign, including special programming with emphasis on the south toledo area | 2015 | $30,000 |
Explore more
Data for Library Legacy Foundation of the Toledo-luce County Public Library (EIN 34-1632308) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.