Cleveland Medical Library Association

Analysis

Cleveland Medical Library Association is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in January 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, Cleveland Medical Library Association reported income of $712k and spending of $670k, spending 94% of its income. Across the 2 years on record, from June 2019 to June 2020, income grew from $564k to $712k (+26%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 26%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cleveland Medical Library Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Kula Aupuni Niihau a Kahele Aloha ($712k), Cda Collaborative Learning Projects Inc ($712k) and Liberty School Inc ($712k).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 57% and program service revenue 1.0% of the total. At year end it held assets of $7.1m against liabilities of $0, net assets of $7.1m.