Clan Donald Foundation Inc

Analysis

Clan Donald Foundation Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in May 1982, 44 years ago. 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, Clan Donald Foundation Inc reported income of $78k and spending of $81k, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $678k to $78k (-89%), an average of -51% a year. The sharpest change came in the year to December 2021, when income dropped by 87%. Over the whole period it spent 28% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clan Donald Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Southeastern Angiographic Society Incorporated ($78k), St Louis Cultural Flamenco Society Inc ($78k) and United States Committee on Irrigation Drainage and Flood Cont ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $823k against liabilities of $0, net assets of $823k.