Clawson Fourth of July Committee

Analysis

Clawson Fourth of July Committee is a registered charity in United States, based in Clawson, MI. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Clawson Fourth of July Committee reported income of $58k and spending of $45k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $58k (+9.8%), an average of +9.8% a year. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Clawson Fourth of July Committee sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within MI. Charities of a similar size with the same main cause include Generations Music Booking NFP ($58k), Eric Feltman Memorial Foundation Inc ($59k) and Historic Orient-Santa Fe Depot Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.5% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.