Clerestory Inc

Analysis

Clerestory Inc is a registered charity in United States, based in Hoover, AL. It received its IRS tax-exemption ruling in June 2011, 15 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, Clerestory Inc reported income of $1.1m and spending of $382k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $170k to $1.1m (+531%), an average of +58% a year. The sharpest change came in the year to December 2022, when income rose by 237%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clerestory Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include Precious Ones Learning & Outreach Inc ($1.1m), Senior Adult Services ($1.1m) and Curts Closet ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.