Clingman Foundation

Analysis

Clingman Foundation is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Clingman Foundation reported income of $71k and spending of $71k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $51k to $71k (+38%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Clingman Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within MI. Charities of a similar size with the same main cause include Exeter Outdoors Association Inc ($71k), Strada Corsa Inc ($71k) and Healthy Families Partnership Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.