Clark Family Charity

Analysis

Clark Family Charity is a registered charity in United States, based in Ashland, KY. It received its IRS tax-exemption ruling in April 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 October 2023, Clark Family Charity reported income of $161k and spending of $9,436, leaving 94% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $141k to $161k (+14%), an average of +14% a year. Over the whole period it spent 7.9% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Clark Family Charity sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within KY. Charities of a similar size with the same main cause include Lindas Angels Ltd ($161k), Point Clear Charities Inc ($161k) and Iiaa Education Foundation Inc ($161k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $276k against liabilities of $775, net assets of $275k.