Claremont House Inc

Analysis

Claremont House Inc is a registered charity in United States, based in San Ramon, CA. It received its IRS tax-exemption ruling in June 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Claremont House Inc reported income of $12.1m and spending of $13.6m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.1m to $12.1m (+49%), an average of +11% a year. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Claremont House Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Boulder Jewish Community Center ($12.1m), Healthnetwork Foundation ($12.1m) and Share & Care House ($12.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $5.3m. At year end it held assets of $8.7m against liabilities of $8.9m, net assets of -$226k. It reported 223 employees.

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.