Clear Lake Gleaners Inc

Analysis

Clear Lake Gleaners Inc is a registered charity in United States, based in Finley, CA. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 June 2023, Clear Lake Gleaners Inc reported income of $1.4m and spending of $727k, leaving 47% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $155k to $1.4m (+795%), an average of +108% a year. The sharpest change came in the year to June 2021, when income rose by 288%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clear Lake Gleaners Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Eriks Ranch Inc ($1.4m), Catch a Star Learning Centers Inc ($1.4m) and Hospice of Montezuma Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $379k. At year end it held assets of $930k against liabilities of $0, net assets of $930k.