Clay County Communitites Revitalization Association Inc

Analysis

Clay County Communitites Revitalization Association Inc is a registered charity in United States, based in Hayesville, NC. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Clay County Communitites Revitalization Association Inc reported income of $240k and spending of $117k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $240k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2020, when income rose by 544%. Over the whole period it spent 18% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Clay County Communitites Revitalization Association Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Niagara Orleans Regional Land Improvement Corporation ($240k), South East Area Coalition Inc ($240k) and NYC Building and Construction Industry Safety Fund ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $20k. At year end it held assets of $4.8m against liabilities of $0, net assets of $4.8m. It reported 3 employees.