C L C Inc

Analysis

C L C Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover employment, 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, C L C Inc reported income of $3.3m and spending of $3.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $3.3m (-9.7%), an average of -2.5% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, C L C Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include New Directions for Youth Inc ($3.3m), Lokahi Pacific ($3.3m) and Nanog Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $276k (8.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.5m against liabilities of $408k, net assets of $2.1m. It reported 38 employees.