Claiborne Creek Inc

Analysis

Claiborne Creek Inc is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, Claiborne Creek Inc reported income of $1.6m and spending of $1.9m, spending 119% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.6m to $1.6m (-1.3%), an average of -0.4% a year. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Claiborne Creek Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include W L C Housing Inc ($1.6m), Shu Hab Housing Development Fund Corporation ($1.6m) and Hospitality House and Nutrition Center ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $256k. At year end it held assets of $11.6m against liabilities of $4.2m, net assets of $7.4m.