Clayton Improvement Associaton Ltd

Analysis

Clayton Improvement Associaton Ltd is a registered charity in United States, based in Clayton, NY. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Clayton Improvement Associaton Ltd reported income of $1.1m and spending of $764k, leaving 28% of income unspent that year. The sharpest change came in the year to June 2024, when income rose by 86%. Over the whole period it spent 114% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Clayton Improvement Associaton Ltd sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Emerge Global ($1.1m), Transportation Choices Coalition ($1.1m) and Wheeling National Heritage Area Corporation ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 35% of the total. Other salaries and wages came to $296k. At year end it held assets of $3.6m against liabilities of $1.7m, net assets of $1.9m. It reported 12 employees.