Clemson Community Foundation

Analysis

Clemson Community Foundation is a registered charity in United States, based in Clemson, SC. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Clemson Community Foundation reported income of $159k and spending of $128k, spending 80% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $372k to $159k (-57%), an average of -35% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Clemson Community Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 54th percentile within SC. Charities of a similar size with the same main cause include Social Justice Center Inc ($159k), Montana Economic Developers Association ($159k) and Zams Hope Community Resources Cente ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $489k against liabilities of $19k, net assets of $469k.