Camden Public Library Centennial Fund

Analysis

Camden Public Library Centennial Fund is a registered charity in United States, based in Camden, ME. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Camden Public Library Centennial Fund reported income of $58k and spending of $58k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $44k to $58k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Camden Public Library Centennial Fund sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 16th percentile within ME. Charities of a similar size with the same main cause include Global Hero Foundation Inc ($58k), Something Positive Inc ($58k) and Jung Hwang Legacy Foundation Inc ($58k).

At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.