Cass District Library

Analysis

Cass District Library is a registered charity in United States, based in Cassopolis, MI. It received its IRS tax-exemption ruling in January 2002, 24 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 December 2023, Cass District Library reported income of $1.8m and spending of $1.5m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.8m (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cass District Library sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include New York Law Institute ($1.8m), Worlds of Opportunity II ($1.8m) and 3 Stages Learning Center Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $78k (5.1% of expenses). At year end it held assets of $2.7m against liabilities of $1.6m, net assets of $1.2m. It reported 27 employees.