Claremont Investment Fund

Analysis

Claremont Investment Fund 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 education, which this site groups under education and training. 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 Fund reported income of $62.1m and spending of $4.1m, leaving 93% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.3m to $62.1m (+222%), an average of +34% a year. The sharpest change came in the year to June 2022, when income rose by 354%. Over the whole period it spent 6.2% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Claremont Investment Fund sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Lake Highland Preparatory School Inc ($62.1m), Millsaps College ($62.3m) and Georgia Connections Academy Charter School Inc ($62.0m).

At year end it held assets of $1.77bn against liabilities of $407.8m, net assets of $1.36bn.