Clay Minerals Society

Analysis

Clay Minerals Society is a registered charity in United States, based in Chantilly, VA. It received its IRS tax-exemption ruling in February 1964, 62 years ago. 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, Clay Minerals Society reported income of $340k and spending of $453k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $340k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2020, when income rose by 104%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clay Minerals Society sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Impact100 Houston Inc ($340k), Meadville Cooperative Preschool ($340k) and Oceanography Society ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $73k (16% of expenses). At year end it held assets of $3.0m against liabilities of $34k, net assets of $2.9m. It reported 1 employees.