Jordan Valley District Library

Analysis

Jordan Valley District Library is a registered charity in United States, based in East Jordan, MI. It received its IRS tax-exemption ruling in April 1992, 34 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, Jordan Valley District Library reported income of $420k and spending of $350k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $373k to $420k (+13%), an average of +3.0% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jordan Valley District Library sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Mont Pelerin Society ($420k), Centro de Educacion Integral Soles Del Jardin Inc ($420k) and Association of Indian Physicians of Northern Ohio ($420k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $141k (40% of expenses). At year end it held assets of $1.8m against liabilities of $50k, net assets of $1.7m. It reported 6 employees.