Camden Public Library Fund

Analysis

Camden Public Library Fund is a registered charity in United States, based in Camden, ME. It received its IRS tax-exemption ruling in June 2011, 15 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, Camden Public Library Fund reported income of $381k and spending of $325k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $601k to $381k (-37%), an average of -11% a year. The sharpest change came in the year to June 2022, when income rose by 99%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Camden Public Library Fund sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 61st percentile within ME. Charities of a similar size with the same main cause include Friends of Chesterton Academy of Detroit ($381k), Blue Ridge Literacy ($381k) and Cobimet Inc ($381k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $1.8m against liabilities of $21k, net assets of $1.8m.