Clinco Sheltered Industries Inc

Analysis

Clinco Sheltered Industries Inc is a registered charity in United States, based in Cameron, MO. It received its IRS tax-exemption ruling in April 1976, 50 years ago. 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 September 2023, Clinco Sheltered Industries Inc reported income of $1.1m and spending of $1.0m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.1m to $1.1m (-4.6%), an average of -1.2% a year. The sharpest change came in the year to September 2021, when income rose by 29%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clinco Sheltered Industries Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within MO. Charities of a similar size with the same main cause include National Association of Schools of Art and Design Inc ($1.1m), Sterling Schools Foundation ($1.1m) and Habitat for Humanity International Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 22% of the total. Other salaries and wages came to $571k. At year end it held assets of $1.5m against liabilities of $16k, net assets of $1.5m.