Clarion Foundation for Community Improvement Inc

Analysis

Clarion Foundation for Community Improvement Inc is a registered charity in United States, based in Clarion, IA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Clarion Foundation for Community Improvement Inc reported income of $190k and spending of $110k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $190k (+127%), an average of +127% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Clarion Foundation for Community Improvement Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IA. Charities of a similar size with the same main cause include Wiregrass Electric Cooperative Inc Charitable Foundation Inc ($190k), Volunteer Center of Kern County Inc ($190k) and Metro Area Youth Foundation Inc ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $363k against liabilities of $13k, net assets of $351k.