Clarksville Montgomery County Education Foundation

Analysis

Clarksville Montgomery County Education Foundation is a registered charity in United States, based in Clarksville, TN. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 June 2023, Clarksville Montgomery County Education Foundation reported income of $512k and spending of $433k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $388k to $512k (+32%), an average of +9.7% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clarksville Montgomery County Education Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Bethany Birches Camp Inc ($512k), Ed T Malloy Foundation ($512k) and Salem Housing Development Corporation ($512k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $37k. At year end it held assets of $778k against liabilities of $97k, net assets of $681k.