Clairvaux Institute

Analysis

Clairvaux Institute is a registered charity in United States, based in Elmhurst TWP, PA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Clairvaux Institute reported income of $1.6m and spending of $1.5m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.6m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Clairvaux Institute sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Burmese American Initiative Inc ($1.6m), Mensa Education and Research Foundation ($1.6m) and South Carolina Childrens Theatre ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $166k (11% of expenses). Other salaries and wages came to $599k. At year end it held assets of $2.8m against liabilities of $64k, net assets of $2.7m. It reported 27 employees.