Claires Place Foundation Inc

Analysis

Claires Place Foundation Inc is a registered charity in United States, based in Redondo Beach, CA. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Claires Place Foundation Inc reported income of $187k and spending of $322k, spending 173% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $172k to $187k (+8.4%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Claires Place Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include National Hemophilia Foundation ($187k), Paint Pittston Pink ($187k) and Crossroads Counseling Ministries ($187k).

Compensation of current officers, directors and key employees was $83k (26% of expenses). At year end it held assets of $111k against liabilities of $3,107, net assets of $108k.