Clearwater Foundation Inc

Analysis

Clearwater Foundation Inc is a registered charity in United States, based in Onalaska, WI. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Clearwater Foundation Inc reported income of $128k and spending of $65k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $128k (+3.5%), an average of +3.5% a year. Over the whole period it spent 49% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Clearwater Foundation Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within WI. Charities of a similar size with the same main cause include Travelers United Inc ($128k), Friends of Graham Recreation and Parks ($128k) and Cambridge Isanti Soccer Club ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 9.7% of the total. At year end it held assets of $341k against liabilities of $331, net assets of $341k.