Clinton Residence Inc

Analysis

Clinton Residence Inc is a registered charity in United States, based in Hempstead, NY. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clinton Residence Inc reported income of $505k and spending of $537k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $365k to $505k (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 119% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Clinton Residence Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include CCMC Corporation ($505k), Childrens Environmental Health Network ($505k) and Nami Rhode Island ($505k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $41k. At year end it held assets of $961k against liabilities of $3.2m, net assets of -$2.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.