Clark Retirement Community Foundation

Analysis

Clark Retirement Community Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Retirement Community Foundation reported income of $924k and spending of $864k, spending 94% of its income. Across the 6 years on record, from April 2019 to December 2023, income fell from $3.2m to $924k (-72%), an average of -22% a year. The sharpest change came in the year to December 2022, when income rose by 140%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Clark Retirement Community Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Lifespan Extension Advocacy Foundation Inc ($924k), Society of Pediatric Nurses ($924k) and Fairview Home Inc ($924k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $13.6m against liabilities of $267k, net assets of $13.4m.