Friends of Clinton-Macomb Public Library

Analysis

Friends of Clinton-Macomb Public Library is a registered charity in United States, based in Clinton TWP, MI. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Clinton-Macomb Public Library reported income of $116k and spending of $105k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $116k (-0.9%), an average of -0.9% a year. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Clinton-Macomb Public Library sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Hayward Library Foundation Ltd ($116k), Perrysburg Orchestra Boosters Inc ($116k) and Rider Band-Orchestra Parent Association ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $199k against liabilities of $0, net assets of $199k.