Claremont Inst for the Study of Statesmanship & Polit Philosophy

Analysis

Claremont Inst for the Study of Statesmanship & Polit Philosophy is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in March 1980, 46 years ago. 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, Claremont Inst for the Study of Statesmanship & Polit Philosophy reported income of $9.1m and spending of $10.2m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $9.1m (+58%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Claremont Inst for the Study of Statesmanship & Polit Philosophy 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 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Imagine Housing ($9.1m), St Williams Living Center ($9.1m) and United States Naval Institute ($9.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $994k (9.7% of expenses). Other salaries and wages came to $3.1m. It paid $226k in professional fundraising fees. At year end it held assets of $11.6m against liabilities of $1.3m, net assets of $10.3m. It reported 60 employees.