Clayton Area Ministries Inc

Analysis

Clayton Area Ministries Inc is a registered charity in United States, based in Clayton, NC. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Clayton Area Ministries Inc reported income of $87k and spending of $64k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $129k to $87k (-32%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 43% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clayton Area Ministries Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within NC. Charities of a similar size with the same main cause include Bridge of Edgewood Corp ($87k), Red Andrews Christmas Dinner Foundation ($87k) and Kiwanis International Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $618k against liabilities of $15k, net assets of $603k.