CLC Administrative Services Inc

Analysis

CLC Administrative Services Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in January 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, CLC Administrative Services Inc reported income of $33.4m and spending of $33.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.7m to $33.4m (+399%), an average of +50% a year. The sharpest change came in the year to June 2022, when income rose by 178%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, CLC Administrative Services Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within SC. Charities of a similar size with the same main cause include Presbyterian Homes in the Presbytery of Lake Erie ($33.4m), San Diego County Tobacco Securitization Corporation ($33.4m) and Rochambeau the French International School of Washington DC ($33.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $30.6m. At year end it held assets of $2.3m against liabilities of $865k, net assets of $1.5m. It reported 2,530 employees.