Circuit Clerks Trust for Life Inc

Analysis

Circuit Clerks Trust for Life Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Circuit Clerks Trust for Life Inc reported income of $1.7m and spending of $1.8m, spending 104% of its income. Across the 4 years on record, from June 2019 to December 2023, income grew from $1.3m to $1.7m (+28%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Circuit Clerks Trust for Life Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within KY. Charities of a similar size with the same main cause include Camp Matziv Inc ($1.7m), Texas Pediatric Society ($1.7m) and Camp Deer Run Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $165k (9.3% of expenses). Other salaries and wages came to $373k. At year end it held assets of $1.2m against liabilities of $154k, net assets of $1.1m. It reported 8 employees.