Clutch Up Inc

Analysis

Clutch Up Inc is a registered charity in United States, based in Chino, CA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Clutch Up Inc reported income of $165k and spending of $156k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $212k to $165k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 125% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Clutch Up Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Viking Wrestling Boosters Club Inc ($165k), Helping with Horsepower a Spirithorse Center ($165k) and Chicago Gaa ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $8,000 (5.1% of expenses). At year end it held assets of $71k against liabilities of $354k, net assets of -$283k. It reported 1 employees.