Clairmont Crest Inc

Analysis

Clairmont Crest Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Clairmont Crest Inc reported income of $150k and spending of $556k, spending 371% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $150k (-93%), an average of -49% a year. The sharpest change came in the year to December 2022, when income rose by 331%. Over the whole period it spent 198% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Clairmont Crest Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within GA. Charities of a similar size with the same main cause include Olympic Housing Trust ($150k), One Voice Shelter Coalition ($150k) and Commonwealth Agency Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $19k. At year end it held assets of $1.3m against liabilities of $2.9m, net assets of -$1.6m.