Claremont Investment Management Company

Analysis

Claremont Investment Management Company is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Claremont Investment Management Company reported income of $5.4m and spending of $5.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $5.4m (+60%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Claremont Investment Management Company sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Providence Housing Development Corporation ($5.3m), Mhany Management Inc ($5.4m) and Simpson Senior Services ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1,000 against liabilities of $0, net assets of $1,000.