Clairmont Oaks Inc

Analysis

Clairmont Oaks Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in July 1974, 52 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Clairmont Oaks Inc reported income of $3.7m and spending of $3.6m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.2m to $3.7m (+19%), an average of +5.9% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Clairmont Oaks Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Hearthway Inc ($3.7m), Planning Office for Urban Affairs Inc ($3.7m) and Stocktonians Taking Action to Neutralize Drugs ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. Other salaries and wages came to $793k. At year end it held assets of $12.1m against liabilities of $9.3m, net assets of $2.8m. It reported 19 employees.