Celtic Cove Catholic Bookstore Inc

Analysis

Celtic Cove Catholic Bookstore Inc is a registered charity in United States, based in Oxford, MI. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Celtic Cove Catholic Bookstore Inc reported income of $63k and spending of $59k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $63k (-11%), an average of -11% a year. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Celtic Cove Catholic Bookstore Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include Chinese Buddhist Cultural Association USA Inc ($63k), Vivekananda Vedanta Center CT Inc ($63k) and Ministerial Alliance of Bailey County Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.4% of the total. At year end it held assets of $130k against liabilities of $7,110, net assets of $123k.