Optimist Club Foundation of Clarkston Michigan

Analysis

Optimist Club Foundation of Clarkston Michigan is a registered charity in United States, based in Clarkston, MI. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Optimist Club Foundation of Clarkston Michigan reported income of $103k and spending of $74k, leaving 28% of income unspent that year. Across the 3 years on record, from September 2022 to September 2024, income fell from $158k to $103k (-35%), an average of -19% a year. The sharpest change came in the year to September 2024, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Optimist Club Foundation of Clarkston Michigan sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within MI. Charities of a similar size with the same main cause include Sad Bee Inc ($103k), Mc-1 Foundation ($103k) and Climbing for Change Inc ($103k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 74% and program service revenue 1.3% of the total. At year end it held assets of $159k against liabilities of $45k, net assets of $114k.