Clarke Pennsylvania Inc

Analysis

Clarke Pennsylvania Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Clarke Pennsylvania Inc reported income of $1.8m and spending of $2.0m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.8m (-13%), an average of -3.3% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clarke Pennsylvania Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Bright Prospect ($1.8m), Iisc Foundation ($1.8m) and Converse Child Care Center ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $73k (3.6% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $203k against liabilities of $2.4m, net assets of -$2.2m. It reported 30 employees.