The Clifton Institute Inc
Analysis
The Clifton Institute Inc is a registered charity in United States, based in Warrenton, VA. It received its IRS tax-exemption ruling in November 1985, 41 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, The Clifton Institute Inc reported income of $666k and spending of $995k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $530k to $666k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 115% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Clifton Institute Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include American Society of Biomechanics ($666k), White County Senior Citizens Center Inc ($666k) and The Firelands Symphony Orchestra ($665k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $108k (11% of expenses). Other salaries and wages came to $367k. At year end it held assets of $7.1m against liabilities of $61k, net assets of $7.1m. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 6.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Society of Biomechanics | Marietta | $666k |
| White County Senior Citizens Center Inc | Carmi | $666k |
| The Firelands Symphony Orchestra | Huron | $665k |
| Rouquette III Inc | New Orleans | $666k |