Clothes Line Inc

Analysis

Clothes Line Inc is a registered charity in United States, based in Fairfield, IL. It received its IRS tax-exemption ruling in March 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Clothes Line Inc reported income of $143k and spending of $136k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $143k to $143k (-0.1%), an average of -0.1% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clothes Line Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Faith in Action Health Coalition ($143k), Toby House VII Inc ($143k) and Good Neighbors Food Pantry of Boyne City ($143k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.3% and program service revenue 94% of the total. At year end it held assets of $184k against liabilities of $1,975, net assets of $182k.