Clarke School Foundation Inc

Analysis

Clarke School Foundation Inc is a registered charity in United States, based in Grove Hill, AL. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Clarke School Foundation Inc reported income of $1.6m and spending of $2.0m, spending 125% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.4m to $1.6m (+11%), an average of +2.1% a year. The sharpest change came in the year to July 2023, when income rose by 56%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clarke School Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within AL. Charities of a similar size with the same main cause include Competent Educational Services Inc ($1.6m), Arkansas Construction Education Foundation ($1.6m) and International Boys Schools Coalition ($1.6m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 5.7% and program service revenue 77% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.6m against liabilities of $319k, net assets of $4.2m. It reported 81 employees.