Clemson Research Facilities Corporation

Analysis

Clemson Research Facilities Corporation is a registered charity in United States, based in Clemson, SC. It received its IRS tax-exemption ruling in July 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Clemson Research Facilities Corporation reported income of $90k and spending of $70k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $90k to $90k (-0.1%), an average of +-0.0% a year. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clemson Research Facilities Corporation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 40th percentile within SC. Charities of a similar size with the same main cause include American College of Physicians ($90k), Little League Baseball Inc ($90k) and American Institute of Graphic Arts ($90k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.3m against liabilities of $22k, net assets of $1.2m.