Clarity Seminar Inc

Analysis

Clarity Seminar Inc is a registered charity in United States, based in Clifton, NJ. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Clarity Seminar Inc reported income of $132k and spending of $119k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $132k (+10%), an average of +10% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Clarity Seminar Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include Global Mission Alliance Inc ($132k), Bread of Life Christian Church ($132k) and Heart and Home Ministries Inc ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.