Friends of the 1883 Clarksburg Schoolhouse

Analysis

Friends of the 1883 Clarksburg Schoolhouse is a registered charity in United States, based in Clarksburg, CA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Friends of the 1883 Clarksburg Schoolhouse reported income of $1.4m and spending of $37k, leaving 97% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $435k to $1.4m (+216%), an average of +216% a year. The sharpest change came in the year to December 2023, when income rose by 216%. Over the whole period it spent 2.8% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the 1883 Clarksburg Schoolhouse sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Childrens Creative Project ($1.4m), Rhode Island Institute for Labor ($1.4m) and Spot Sun Valley Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.