Clarion Foundation

Analysis

Clarion Foundation is a registered charity in United States, based in Stanford, CA. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 May 2024, Clarion Foundation reported income of $105k and spending of $60k, leaving 43% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income grew from $71k to $105k (+49%), an average of +49% a year. The sharpest change came in the year to May 2024, when income rose by 49%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Clarion Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include World Kite Museum and Hall of Fame ($105k), Havre Beneath the Streets Inc ($105k) and Palazzo Strozzi Foundation USA Inc ($105k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 77% of the total. At year end it held assets of $272k against liabilities of $0, net assets of $272k.