Clayton Foundation

Analysis

Clayton Foundation is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Clayton Foundation reported income of $6.7m and spending of $132k, leaving 98% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.3m to $6.7m (-28%), an average of -7.7% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 3.0% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Clayton Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Town of Palm Beach United Way Inc ($6.7m), Shuvu Return Inc ($6.8m) and Stanita Foundation ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $162.7m against liabilities of $0, net assets of $162.7m.