Municipal Clerks Education Foundation of I I M C

Analysis

Municipal Clerks Education Foundation of I I M C is a registered charity in United States, based in RCH Cucamonga, CA. It received its IRS tax-exemption ruling in November 1984, 42 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, Municipal Clerks Education Foundation of I I M C reported income of $366k and spending of $136k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $379k to $366k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Municipal Clerks Education Foundation of I I M C sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Mark Bavis Leadership Foundation ($366k), College of Idaho Second Century Fd-Tr a a Charitable Ed TR 112087 ($366k) and Colorado High School Coaches Association ($366k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.