Clear Creek Education Foundation

Analysis

Clear Creek Education Foundation is a registered charity in United States, based in League City, TX. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Clear Creek Education Foundation reported income of $446k and spending of $484k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $372k to $446k (+20%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clear Creek Education Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Romanza St Augustine Inc ($446k), Friends of Peak to Peak Inc ($446k) and Phi Beta Psi Sorority ($446k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 114% of the total. At year end it held assets of $907k against liabilities of $0, net assets of $907k.