Clarkson College

Analysis

Clarkson College is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Clarkson College reported income of $38.0m and spending of $32.1m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $35.0m to $38.0m (+8.6%), an average of +2.1% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clarkson College sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NE. Charities of a similar size with the same main cause include The Pennington School ($38.0m), Scheck Hillel Community School Inc ($38.0m) and Bluehub Loan Fund Inc ($38.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 44% of the total. At year end it held assets of $33.6m against liabilities of $8.0m, net assets of $25.6m.