Clearview Legacy Foundation

Analysis

Clearview Legacy Foundation is a registered charity in United States, based in East Canton, OH. It received its IRS tax-exemption ruling in January 2001, 25 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, Clearview Legacy Foundation reported income of $1.7m and spending of $504k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $639k to $1.7m (+170%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 297%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clearview Legacy Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Sprouts Child Development Initiative Inc ($1.7m), Walla Walla Community College Foundation ($1.7m) and Parents Educators-Teachers & Students in Action ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $109k (22% of expenses). Other salaries and wages came to $70k. At year end it held assets of $5.6m against liabilities of $141k, net assets of $5.5m. It reported 14 employees.