Clarewood House Charitable TR

Analysis

Clarewood House Charitable TR is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clarewood House Charitable TR reported income of $444k and spending of $299k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $503k to $444k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2021, when income rose by 543%. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clarewood House Charitable TR 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 Pennsylvania Christian Endeavor Union ($444k), San Mateo Parents Nursery School Inc ($444k) and The Campaign School Inc ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% of the total. At year end it held assets of $14.2m against liabilities of $17k, net assets of $14.1m.