Clearfield Community Charitable Foundation

Analysis

Clearfield Community Charitable Foundation is a registered charity in United States, based in Clearfield, PA. It received its IRS tax-exemption ruling in June 2006, 20 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 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 December 2023, Clearfield Community Charitable Foundation reported income of $4.0m and spending of $485k, leaving 88% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $390k to $4.0m (+919%), an average of +79% a year. The sharpest change came in the year to December 2021, when income rose by 182%. Over the whole period it spent 15% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Clearfield Community Charitable Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Washington County Community Foundation ($4.0m), Placer Community Foundation ($4.0m) and Boca Grande Health Clinic Foundation Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $62k. At year end it held assets of $13.8m against liabilities of $804, net assets of $13.8m. It reported 1 employees.