Crescendo Club Library Association Inc

Analysis

Crescendo Club Library Association Inc is a registered charity in United States, based in Jeffersonvlle, VT. It received its IRS tax-exemption ruling in January 1989, 37 years ago. 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, Crescendo Club Library Association Inc reported income of $152k and spending of $104k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $152k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crescendo Club Library Association Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 38th percentile within VT. Charities of a similar size with the same main cause include Tobacco Valley Senior Citizens Assn Inc ($152k), Mt Hood Special Housing Inc ($152k) and Mustard Seed Inc ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.3% of the total. At year end it held assets of $363k against liabilities of $709, net assets of $363k.