Clay Street Center

Analysis

Clay Street Center is a registered charity in United States, based in Greenville, MI. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clay Street Center reported income of $332k and spending of $167k, leaving 50% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $273k to $332k (+22%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clay Street Center sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Clear Creek County Advocates ($332k), Sahuarita Unified School District Educational Enrichment Foundation ($332k) and Tampa Heights Junior Civic Association ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $34k (20% of expenses). Other salaries and wages came to $66k. At year end it held assets of $438k against liabilities of $0, net assets of $438k. It reported 4 employees.