Clark James Foundation Inc

Analysis

Clark James Foundation Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clark James Foundation Inc reported income of $219k and spending of $233k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $207k to $219k (+5.8%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clark James Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Silver Key Senior Services Foundation Inc ($219k), Raleigh City Farm ($219k) and Al Medina Mercy Ny Inc ($219k).

At year end it held assets of $5.5m against liabilities of $0, net assets of $5.5m.