Clearwater Community Volunteers Inc

Analysis

Clearwater Community Volunteers Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in March 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, Clearwater Community Volunteers Inc reported income of $103k and spending of $61k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $24k to $103k (+328%), an average of +107% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Clearwater Community Volunteers Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Beaumont Urban Improvement Leadership for Downtown Inc ($103k), South Suburban Water Works Assoc Inc ($104k) and Richland Center Food Pantry ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.7% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.