Clayton State University Foundation Inc
Analysis
Clayton State University Foundation Inc is a registered charity in United States, based in Morrow, GA. It received its IRS tax-exemption ruling in November 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Clayton State University Foundation Inc reported income of $7.0m and spending of $5.5m, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $8.4m to $7.0m (-16%), an average of -5.8% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 56% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Clayton State University Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Palm Valley School ($7.0m), Sharon Baptist Headstart ($7.0m) and Promesa Academy Inc ($7.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 15% of the total. At year end it held assets of $96.8m against liabilities of $68.4m, net assets of $28.4m.
Income and spending
Where the income comes from
- Contributions & grants 36%
- Program services 15%
- Other 49%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Palm Valley School | Rancho Mirage | $7.0m |
| Sharon Baptist Headstart | Bronx | $7.0m |
| Promesa Academy Inc | San Antonio | $7.0m |
| Renaissance Learning Center Inc | Royal PLM BCH | $7.0m |