Claymont Society for Continious Education Inc

Analysis

Claymont Society for Continious Education Inc is a registered charity in United States, based in Charles Town, WV. It received its IRS tax-exemption ruling in December 1975, 51 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Claymont Society for Continious Education Inc reported income of $330k and spending of $385k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $666k to $330k (-50%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 182%. 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, Claymont Society for Continious Education Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within WV. Charities of a similar size with the same main cause include Christ the King School Foundation ($330k), Youth for Christ USA Inc ($330k) and PTA California Congress of Parents Teachers & Students Inc ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.3% and program service revenue 90% of the total. Other salaries and wages came to $120k. At year end it held assets of $1.7m against liabilities of $176k, net assets of $1.5m. It reported 8 employees.