Clute Barrow Nelson Life Foundation Inc

Analysis

Clute Barrow Nelson Life Foundation Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in February 2000, 26 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 December 2023, Clute Barrow Nelson Life Foundation Inc reported income of $156k and spending of $160k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $122k to $156k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Clute Barrow Nelson Life Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within GA. Charities of a similar size with the same main cause include Support Organization for Kids in Need ($156k), Tomlinson Touching Lives Foundation ($156k) and Angels Vocal Art ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $1.6m against liabilities of $4, net assets of $1.6m.