Clayton Library Friends Inc

Analysis

Clayton Library Friends Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1987, 39 years ago. 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, Clayton Library Friends Inc reported income of $54k and spending of $48k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $86k to $54k (-37%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clayton Library Friends Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Camp George E Siegel Inc ($54k), PTA Florida Congress ($54k) and Discovery Ptsa 2 69 ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $1.6m against liabilities of $40, net assets of $1.6m.