St Charles District Library

Analysis

St Charles District Library is a registered charity in United States, based in Saint Charles, MI. It received its IRS tax-exemption ruling in April 1999, 27 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 March 2024, St Charles District Library reported income of $464k and spending of $227k, leaving 51% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $248k to $464k (+87%), an average of +17% a year. The sharpest change came in the year to March 2024, when income rose by 85%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Charles District Library sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Fsca Inc ($464k), Ace Leadership High School Foundation ($464k) and Pacifica Band & Auxiliary Corps Boosters ($464k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 96% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $1,500 (0.7% of expenses). Other salaries and wages came to $107k. At year end it held assets of $598k against liabilities of $9,212, net assets of $589k. It reported 10 employees.