The Clarity House

Analysis

The Clarity House is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, The Clarity House reported income of $70k and spending of $73k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $43 to $70k (+162172%), an average of +3928% a year. The sharpest change came in the year to December 2022, when income rose by 18316%. Over the whole period it spent 131% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Clarity House 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 27th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include Haitian-American United Inc ($70k), Barn Players Inc ($70k) and Ukrainian Cultural Center Ofsyracuse Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $5,684, net assets of $6,499.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.