Clinical Initiatives Inc

Analysis

Clinical Initiatives Inc is a registered charity in United States, based in Rootstown, OH. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Clinical Initiatives Inc reported income of $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $487k to $1.2m (+152%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 568%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clinical Initiatives 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 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Jefferson County Library Cooperative Inc ($1.2m), Illinois Valley Community College Foundation ($1.2m) and Fueled Schools Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. Other salaries and wages came to $724k. At year end it held assets of $1.0m against liabilities of $277k, net assets of $754k.