The Clearity Foundation

Analysis

The Clearity Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 September 2023, The Clearity Foundation reported income of $2.4m and spending of $2.1m, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.4m to $2.4m (-1.5%), an average of -0.4% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Clearity Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include College Diabetes Network Inc ($2.4m), Tahlequah Hospital Foundation Inc ($2.4m) and Dakota Properties Inc ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $157k (7.5% of expenses). Other salaries and wages came to $1.2m. It paid $122k in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $75k, net assets of $1.3m. It reported 29 employees.