CLC Group Services Inc

Analysis

CLC Group Services Inc is a registered charity in United States, based in Mount Kisco, NY. It received its IRS tax-exemption ruling in November 2021, 5 years ago. 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, CLC Group Services Inc reported income of $2.3m and spending of $2.4m, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.9m to $2.3m (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, CLC Group Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Boys & Girls Club of Southwest County ($2.3m), World Hope Ministries International ($2.3m) and Bethel Outreach Center Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $467k (20% of expenses). Other salaries and wages came to $975k. At year end it held assets of $371k against liabilities of $423k, net assets of -$52k. It reported 26 employees.