Clem Mar House Inc
EIN: 232773447 · Kingston, PA · NTEE: F50
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.1M |
| Net Assets | $362K |
Is Clem Mar House Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Clem Mar House Inc
Clem Mar House Inc (EIN: 232773447) is a nonprofit organization based in Kingston, PA, classified under NTEE code F50. The organization reported total revenue of $1.4M and total assets of $752K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clem Mar House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clem Mar House Inc is a mid-size nonprofit that has been operating for 29 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $973K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-140,780 |
| Total Assets | $439K |
| Total Liabilities | $76K |
| Net Assets | $362K |
| Operating Margin | -14.5% |
| Debt-to-Asset Ratio | 17.4% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2023, Clem Mar House Inc reported a deficit of $141K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 17.4% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Clem Mar House Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.9% | -12.0% | -21.2% |
| 2022 | -7.0% | -25.8% | +26.7% |
| 2020 | -9.3% | -5.0% | +7.9% |
| 2019 | -3.1% | +0.1% | -11.5% |
| 2018 | +5.8% | +6.2% | +39.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Clem Mar House Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Clem Mar House Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $141K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.4%.
Frequently Asked Questions about Clem Mar House Inc
Is Clem Mar House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Clem Mar House Inc (EIN: 232773447) insufficient data. 0 red flags identified, 0 strengths noted.
How does Clem Mar House Inc spend its money?
Detailed spending breakdown data is not yet available for Clem Mar House Inc. Check back for updated IRS 990 analysis.
Are donations to Clem Mar House Inc tax-deductible?
Clem Mar House Inc is registered as a tax-exempt nonprofit (EIN: 232773447). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Clem Mar House Inc located?
Clem Mar House Inc is headquartered in Kingston, Pennsylvania and files with the IRS under EIN 232773447. It is classified under NTEE code F50.
How many years of IRS 990 filings does Clem Mar House Inc have?
Clem Mar House Inc 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Clem Mar House Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Clem Mar House Inc's revenue has declined by 37.2%, moving from $1.5M to $973K. Total assets increased by 61.4% over the same period, from $272K to $439K. Total functional expenses fell by 30.6%, from $1.6M to $1.1M. In its most recent filing year (2023), Clem Mar House Inc reported a deficit of $141K, with expenses exceeding revenue. The organization holds $76K in liabilities against $439K in assets (debt-to-asset ratio: 17.4%), resulting in net assets of $362K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $973K | $1.1M | $439K | $76K | — | View 990 |
| 2022 | $1.5M | $1.3M | $557K | $53K | — | View 990 |
| 2020 | $1.6M | $1.7M | $439K | $335K | — | View 990 |
| 2019 | $1.8M | $1.8M | $407K | $165K | — | View 990 |
| 2018 | $1.8M | $1.8M | $460K | $198K | — | View 990 |
| 2017 | $1.7M | $1.7M | $329K | $105K | — | View 990 |
| 2016 | $1.7M | $1.7M | $324K | $143K | — | View 990 |
| 2015 | $1.6M | $1.6M | $263K | $119K | — | View 990 |
| 2014 | $1.7M | $1.7M | $337K | $186K | — | View 990 |
| 2013 | $1.6M | $1.6M | $247K | $88K | — | View 990 |
| 2012 | $1.6M | $1.6M | $313K | $97K | — | View 990 |
| 2011 | $1.5M | $1.6M | $272K | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $973K, expenses of $1.1M, and assets of $439K (revenue -34.9% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.3M, and assets of $557K (revenue -7.0% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.7M, and assets of $439K (revenue -9.3% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.8M, and assets of $407K (revenue -3.1% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.8M, and assets of $460K (revenue +5.8% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.7M, and assets of $329K (revenue -0.6% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $324K (revenue +8.2% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $263K (revenue -6.4% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $337K (revenue +8.3% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $247K (revenue +1.9% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.6M, and assets of $313K (revenue +0.5% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.6M, and assets of $272K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clem Mar House Inc:
Data Sources and Methodology
This transparency report for Clem Mar House Inc 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.