Clarkston Development Foundation

Analysis

Clarkston Development Foundation is a registered charity in United States, based in Clarkston, GA. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Clarkston Development Foundation reported income of $483k and spending of $497k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $250k to $483k (+93%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clarkston Development Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Wvhy Inc ($483k), Northwest Child Development Centers Inc ($483k) and Pinyon Foundation ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $23k (4.6% of expenses). Other salaries and wages came to $81k. At year end it held assets of $129k against liabilities of $40k, net assets of $89k. It reported 8 employees.