MAGNOLIA LIBRARY CENTER INC
GLOUCESTER,
Massachusetts,
01930
EIN: 23-7089725
Other school related activities
Library
DEMOGRAPHIC
ADDRESS
1 LEXINGTON AVE
01930
COUNTY
essex county, MA
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGNOLIA LIBRARY CENTER INC is a based in GLOUCESTER, MA . Established in November 1970, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $309,060.00, this ranks 352,983 among 2,656,690 nonprofits nationally (Top 14%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 11,542 out of 58,562 organizations in MA (Top 20%).
In essex county, MA, the organization ranks 1,077 out of 5,801 nonprofits by assets (Top 19%), while locally in gloucester, it stands at 80 among 325 organizations (Top 20%).
The organization reported annual revenue of $161,636.00, ranking 319,439 nationally (Top 13%) and 9,448 in MA (Top 17%).
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, MAGNOLIA LIBRARY CENTER INC ranks 110,564 in assets (Top 15%) and 87,748 in revenue (Top 12%).
The organization files a 990 (all other) or 990EZ return and operates on a July fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other school related activities
Library
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
08/2023
ACCOUNTING PERIOD
08
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$161,636.00
FORM 990 REVENUE AMOUNT
$161,636.00
RULING DATE
11/1970
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$309,060.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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