Pearl Foundation of the Greater Clinton Area

Analysis

Pearl Foundation of the Greater Clinton Area is a registered charity in United States, based in Clinton, TN. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Pearl Foundation of the Greater Clinton Area reported income of $167k and spending of $197k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $172k to $167k (-2.8%), an average of -2.8% a year. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pearl Foundation of the Greater Clinton Area sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within TN. Charities of a similar size with the same main cause include Sheriffs Charities Inc ($167k), Metamorphosis Community Project Inc ($167k) and Friends of TBC ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $56k against liabilities of $1,873, net assets of $54k.