Carbondale Clay Center

Analysis

Carbondale Clay Center is a registered charity in United States, based in Carbondale, CO. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Carbondale Clay Center reported income of $550k and spending of $504k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $550k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carbondale Clay Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Philadelphia Academy Community Development Corporation ($550k), Cradle to Grave Ministries Unlimited ($550k) and United Charity ($550k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $71k (14% of expenses). Other salaries and wages came to $201k. At year end it held assets of $796k against liabilities of $8,597, net assets of $788k. It reported 27 employees.