Clearing House Association Llc
Clearing House Association Llc shows recent financial stability with zero reported officer compensation, following a history of fluctuating revenues and expenses.
EIN: 135272860 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $3.5M |
| Program Spending | 70% |
| Net Assets | $10.9M |
| Transparency Score | 75/100 |
Is Clearing House Association Llc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Clearing House Association Llc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Clearing House Association Llc
Clearing House Association Llc (EIN: 135272860) is a nonprofit organization based in New York, NY. The organization reported total revenue of $5.3M and total assets of $15.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clearing House Association Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clearing House Association Llc is a mid-size nonprofit that has been operating for 79 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $3.5M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $12.2M |
| Total Liabilities | $1.3M |
| Net Assets | $10.9M |
| Operating Margin | 34.4% |
| Debt-to-Asset Ratio | 11.0% |
| Months of Reserves | 42.3 months |
Financial Health Grade: A
In 2023, Clearing House Association Llc reported a surplus of $1.8M with revenue exceeding expenses, holds 42.3 months of operating reserves (strong position), has a debt-to-asset ratio of 11.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Clearing House Association Llc's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.9% | -12.4% | +14.5% |
| 2022 | +7346.9% | +90.0% | -1.1% |
| 2021 | -96.8% | -44.9% | -18.6% |
| 2019 | -81.3% | -77.8% | -12.8% |
| 2018 | -41.0% | -20.9% | -38.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1947 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Clearing House Association Llc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Clearing House Association Llc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Clearing House Association Llc's IRS 990 filings:
- Significant historical fluctuations in revenue and expenses, particularly the sharp drop in revenue in 2021.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering efficiency analysis.
- Unknown NTEE code, making it difficult to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Clearing House Association Llc:
- Consistent reporting of 0% officer compensation, indicating strong financial transparency and resource allocation.
- Recent financial stability with revenues exceeding expenses in 2022 and 2023.
- Healthy asset base relative to recent annual expenses, providing financial resilience.
Frequently Asked Questions about Clearing House Association Llc
Is Clearing House Association Llc a legitimate charity?
Clearing House Association Llc (EIN: 135272860) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $5.3M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Clearing House Association Llc spend its money?
Clearing House Association Llc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Clearing House Association Llc tax-deductible?
Clearing House Association Llc is registered as a tax-exempt nonprofit (EIN: 135272860). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Clearing House Association Llc's spending goes to programs?
Clearing House Association Llc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Clearing House Association Llc located?
Clearing House Association Llc is headquartered in New York, New York and files with the IRS under EIN 135272860.
How many years of IRS 990 filings does Clearing House Association Llc have?
Clearing House Association Llc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.3M in total revenue.
Is Clearing House Association Llc a good charity?
Based on the available data, the organization demonstrates financial stability in recent years and excellent transparency regarding executive compensation (0%). However, without detailed program spending information, a full assessment of its charitable impact is limited.
What caused the significant revenue drop from $21,593,818 in 2017 to $75,297 in 2021?
The provided data does not specify the reasons for this drastic revenue decline. It would require reviewing the full IRS 990 forms for those periods to understand the contributing factors.
How does the organization manage its liabilities, which have fluctuated significantly?
Liabilities have varied, from a high of $10,002,724 in 2014 to $1,338,459 in 2023. The recent trend shows a decrease in liabilities, suggesting improved financial management in this area.
Filing History
IRS 990 filing history for Clearing House Association Llc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Clearing House Association Llc's revenue has declined by 56.4%, moving from $12.1M to $5.3M. Total assets decreased by 52.6% over the same period, from $25.7M to $12.2M. Total functional expenses fell by 77.5%, from $15.4M to $3.5M. In its most recent filing year (2023), Clearing House Association Llc reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $12.2M in assets (debt-to-asset ratio: 11.0%), resulting in net assets of $10.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $3.5M | $12.2M | $1.3M | — | — |
| 2022 | $5.6M | $4.0M | $10.7M | $1.9M | — | View 990 |
| 2021 | $75K | $2.1M | $10.8M | $3.7M | — | View 990 |
| 2019 | $2.4M | $3.8M | $13.2M | $2.3M | — | — |
| 2018 | $12.7M | $17.0M | $15.2M | $3.0M | — | View 990 |
| 2017 | $21.6M | $21.5M | $24.6M | $7.9M | — | View 990 |
| 2016 | $21.2M | $21.5M | $23.7M | $7.7M | — | View 990 |
| 2015 | $25.5M | $29.4M | $20.0M | $3.9M | — | View 990 |
| 2014 | $18.4M | $22.4M | $29.9M | $10.0M | — | View 990 |
| 2013 | $15.3M | $19.6M | $22.6M | $6.1M | — | View 990 |
| 2012 | $13.9M | $17.6M | $26.2M | $4.4M | — | — |
| 2011 | $12.1M | $15.4M | $25.7M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $3.5M, and assets of $12.2M (revenue -5.9% year-over-year).
- 2022: Revenue of $5.6M, expenses of $4.0M, and assets of $10.7M (revenue +7346.9% year-over-year).
- 2021: Revenue of $75K, expenses of $2.1M, and assets of $10.8M (revenue -96.8% year-over-year).
- 2019: Revenue of $2.4M, expenses of $3.8M, and assets of $13.2M (revenue -81.3% year-over-year).
- 2018: Revenue of $12.7M, expenses of $17.0M, and assets of $15.2M (revenue -41.0% year-over-year).
- 2017: Revenue of $21.6M, expenses of $21.5M, and assets of $24.6M (revenue +1.9% year-over-year).
- 2016: Revenue of $21.2M, expenses of $21.5M, and assets of $23.7M (revenue -16.9% year-over-year).
- 2015: Revenue of $25.5M, expenses of $29.4M, and assets of $20.0M (revenue +38.4% year-over-year).
- 2014: Revenue of $18.4M, expenses of $22.4M, and assets of $29.9M (revenue +20.8% year-over-year).
- 2013: Revenue of $15.3M, expenses of $19.6M, and assets of $22.6M (revenue +9.8% year-over-year).
- 2012: Revenue of $13.9M, expenses of $17.6M, and assets of $26.2M (revenue +14.8% year-over-year).
- 2011: Revenue of $12.1M, expenses of $15.4M, and assets of $25.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clearing House Association Llc:
Data Sources and Methodology
This transparency report for Clearing House Association Llc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.