Clothesline Inc

Analysis

Clothesline Inc is a registered charity in United States, based in Frankenmuth, MI. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Clothesline Inc reported income of $135k and spending of $127k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $135k (+10%), an average of +10% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clothesline Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Fostering Connections Inc ($135k), Ten Thousand Villages Baltimore Inc ($135k) and Westend Token Club ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.