CLF Ventures Inc

Analysis

CLF Ventures Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, CLF Ventures Inc reported income of $635k and spending of $609k, spending 96% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $358k to $635k (+77%), an average of +15% a year. The sharpest change came in the year to July 2021, when income rose by 363%. Over the whole period it spent 112% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, CLF Ventures Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Nature Nexus Institute ($635k), Energy Alabama ($635k) and Lackawanna Valley Conservancy ($634k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $62k against liabilities of $1.4m, net assets of -$1.3m.