Mendocino Community Library Inc

Analysis

Mendocino Community Library Inc is a registered charity in United States, based in Mendocino, CA. It received its IRS tax-exemption ruling in September 1991, 35 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 June 2024, Mendocino Community Library Inc reported income of $51k and spending of $39k, leaving 25% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $100k to $51k (-48%), an average of -12% a year. The sharpest change came in the year to June 2024, when income rose by 66%. Over the whole period it spent 149% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mendocino Community Library Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Hyderabad Association of Washington Metropolitan Area Inc ($51k), PTA Texas Congress ($51k) and East Jordan Care & Share Program ($51k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 10% of the total. At year end it held assets of $672k against liabilities of $30k, net assets of $642k.