Clayton Community Recreational Foundation Inc

Analysis

Clayton Community Recreational Foundation Inc is a registered charity in United States, based in Clayton, NC. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 October 2022, Clayton Community Recreational Foundation Inc reported income of $105k and spending of $86k, spending 82% of its income. Across the 4 years on record, from October 2019 to October 2022, income fell from $206k to $105k (-49%), an average of -20% a year. The sharpest change came in the year to October 2022, when income rose by 1002%. Over the whole period it spent 121% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Clayton Community Recreational Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Drew O Donoghue Fund Inc ($105k), True Sky Credit Union Foundation Inc ($105k) and Jacksonville Firefighters Charities Inc ($105k).

On its Form 990 for the period ending October 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.