Clay County Growth Alliance

Analysis

Clay County Growth Alliance is a registered charity in United States, based in Clay Center, KS. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Clay County Growth Alliance reported income of $529k and spending of $405k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $677k to $529k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 60% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Clay County Growth Alliance sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within KS. Charities of a similar size with the same main cause include Midtown Cultural Center Inc ($529k), Pawsability Dog Club Inc ($529k) and Friends of Downtown ($528k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $223k. At year end it held assets of $484k against liabilities of $1,960, net assets of $482k. It reported 8 employees.