Clipper Foundation

Analysis

Clipper Foundation is a registered charity in United States, based in New Castle, NH. It received its IRS tax-exemption ruling in March 2010, 16 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 December 2023, Clipper Foundation reported income of $53k and spending of $7,476, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $60k to $53k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 34% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clipper Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within NH. Charities of a similar size with the same main cause include Farney Elementary Parent-Teacher Organization ($53k), Broken Bow School District Public Trust ($53k) and Liberty Foundation for Education ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.