Clearwater School

Analysis

Clearwater School is a registered charity in United States, based in Bothell, WA. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Clearwater School reported income of $880k and spending of $737k, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $518k to $880k (+70%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clearwater School sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include Mentor Vermont Inc ($880k), Decatur Public Schools Foundation ($880k) and Instituto Especial Para El Desarrol Lo Integral Del Indiv Fam Y Com in ($880k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 45% of the total. Other salaries and wages came to $467k. At year end it held assets of $1.5m against liabilities of $560k, net assets of $951k. It reported 8 employees.