Clayton Medical Research Foundation Inc

Analysis

Clayton Medical Research Foundation Inc is a registered charity in United States, based in Carson City, NV. It received its IRS tax-exemption ruling in April 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clayton Medical Research Foundation Inc reported income of $2.8m and spending of $3.9m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.9m to $2.8m (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clayton Medical Research Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NV. Charities of a similar size with the same main cause include Western Fire Cheifs Assn ($2.8m), David Emanuel Academy Inc ($2.8m) and Elks Youth Eye Service ($2.8m).

Compensation of current officers, directors and key employees was $77k (2.0% of expenses). At year end it held assets of $88.9m against liabilities of $2.9m, net assets of $85.9m.