Real Clear Foundation

Analysis

Real Clear Foundation is a registered charity in United States, based in Northbrook, IL. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, Real Clear Foundation reported income of $8.5m and spending of $9.2m, spending 108% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $3.2m to $8.5m (+161%), an average of +27% a year. The sharpest change came in the year to March 2023, when income rose by 135%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Real Clear Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include West Buffalo Charter School ($8.5m), Chaminade Development Fund Inc ($8.5m) and Insight School of Oklahoma ($8.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $301k (3.3% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $4.2m against liabilities of $1.7m, net assets of $2.5m. It reported 1 employees.