CL Seven

Analysis

CL Seven is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, CL Seven reported income of $333k and spending of $322k, spending 97% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $206k to $333k (+62%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, CL Seven sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within SC. Charities of a similar size with the same main cause include Early Learning Coalition ($333k), Children and Family Connection of Russell County ($333k) and Family Focus Christian Counseling Inc ($333k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $265k (82% of expenses). At year end it held assets of $8,534 against liabilities of $8,534, net assets of $0.