Cedar Mill Community Library Association of Washington County

Analysis

Cedar Mill Community Library Association of Washington County is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Cedar Mill Community Library Association of Washington County reported income of $5.3m and spending of $5.3m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.0m to $5.3m (+7.2%), an average of +2.3% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cedar Mill Community Library Association of Washington County sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OR. Charities of a similar size with the same main cause include Alzar School Inc ($5.3m), Haron Dahan Endowment Fund for Beth Tfiloh Inc ($5.3m) and Greathearts Foundation ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $282k (5.3% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $4.0m against liabilities of $1.7m, net assets of $2.3m. It reported 89 employees.