Clrc Inc
Clrc Inc maintains substantial assets despite fluctuating annual revenues and expenses, reporting no officer compensation.
EIN: 133997365 · New York, NY · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $2.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $35 |
| Net Assets | $35.7M |
| Transparency Score | 75/100 |
Is Clrc Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Clrc Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Clrc Inc
Clrc Inc (EIN: 133997365) is a nonprofit organization based in New York, NY, classified under NTEE code T30. The organization reported total revenue of $1.1M and total assets of $36.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clrc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clrc Inc is a mid-size nonprofit that has been operating for 28 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$619K |
| Total Assets | $35.8M |
| Total Liabilities | $91K |
| Net Assets | $35.7M |
| Operating Margin | 21.7% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 191.9 months |
Financial Health Grade: A
In 2023, Clrc Inc reported a surplus of $619K with revenue exceeding expenses, holds 191.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Clrc Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.0% | -23.4% | +1.8% |
| 2022 | -2.9% | -8.5% | -2.2% |
| 2021 | +20.2% | +466.1% | -2.5% |
| 2020 | -54.4% | -76.8% | +3.8% |
| 2020 | +55.3% | +16.5% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Clrc Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Clrc Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $619K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Clrc Inc consistently reports 0% officer compensation across all available filings, suggesting either that no officers receive compensation or that compensation is structured in a way not captured by this specific metric on the 990, which is unusual for an organization of its size with assets over $35 million.
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 Clrc Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency analysis difficult.
- Consistent reporting of 0% officer compensation is unusual for an organization of this asset size and could warrant further scrutiny regarding executive remuneration practices.
Strengths
The following positive indicators were identified for Clrc Inc:
- Strong and growing asset base, providing significant financial stability (e.g., $35.7 million in 2023).
- Consistent filing history of IRS Form 990s, indicating regulatory compliance and transparency.
- Demonstrated ability to generate surpluses in multiple years (e.g., 2023 revenue $2.8M vs. expenses $2.2M).
Frequently Asked Questions about Clrc Inc
Is Clrc Inc a legitimate charity?
Clrc Inc (EIN: 133997365) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Clrc Inc spend its money?
Clrc Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Clrc Inc tax-deductible?
Clrc Inc is registered as a tax-exempt nonprofit (EIN: 133997365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Clrc Inc CEO make?
Clrc Inc's highest-compensated officer earns $35 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Clrc Inc's spending goes to programs?
Clrc Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Clrc Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Clrc Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Clrc Inc located?
Clrc Inc is headquartered in New York, New York and files with the IRS under EIN 133997365. It is classified under NTEE code T30.
How many years of IRS 990 filings does Clrc Inc have?
Clrc Inc has 11 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 $1.1M in total revenue.
What is the detailed breakdown of Clrc Inc's program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information would typically be found in Part IX of the IRS Form 990.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation could mean that the organization's officers are uncompensated volunteers, or that their compensation is reported under different categories not captured by the 'Officer Comp' metric in this summary, or that the organization has a unique compensation structure. Further investigation into the full 990 forms would be needed.
How does Clrc Inc manage its significant asset base?
Clrc Inc has maintained a substantial asset base, growing from $27.5 million in 2012 to $35.7 million in 2023. This indicates effective asset management or significant investment income, providing financial stability despite operational fluctuations.
Filing History
IRS 990 filing history for Clrc Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Clrc Inc's revenue has declined by 14.5%, moving from $3.3M to $2.9M. Total assets increased by 35.9% over the same period, from $26.3M to $35.8M. Total functional expenses rose by 39.9%, from $1.6M to $2.2M. In its most recent filing year (2023), Clrc Inc reported a surplus of $619K, with revenue exceeding expenses. The organization holds $91K in liabilities against $35.8M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $35.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.2M | $35.8M | $91K | — | — |
| 2022 | $2.2M | $2.9M | $35.1M | $91K | — | View 990 |
| 2021 | $2.2M | $3.2M | $35.9M | $137K | — | View 990 |
| 2020 | $1.9M | $564K | $36.9M | $106K | — | View 990 |
| 2020 | $4.1M | $2.4M | $35.5M | $103K | — | View 990 |
| 2019 | $2.6M | $2.1M | $33.8M | $0 | — | View 990 |
| 2015 | $3.1M | $2.0M | $29.5M | $0 | — | View 990 |
| 2014 | $2.0M | $1.8M | $28.4M | $0 | — | View 990 |
| 2013 | $2.4M | $1.8M | $28.2M | $0 | — | View 990 |
| 2012 | $3.2M | $1.7M | $27.5M | $0 | — | View 990 |
| 2011 | $3.3M | $1.6M | $26.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.2M, and assets of $35.8M (revenue +31.0% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.9M, and assets of $35.1M (revenue -2.9% year-over-year).
- 2021: Revenue of $2.2M, expenses of $3.2M, and assets of $35.9M (revenue +20.2% year-over-year).
- 2020: Revenue of $1.9M, expenses of $564K, and assets of $36.9M (revenue -54.4% year-over-year).
- 2020: Revenue of $4.1M, expenses of $2.4M, and assets of $35.5M (revenue +55.3% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.1M, and assets of $33.8M (revenue -15.4% year-over-year).
- 2015: Revenue of $3.1M, expenses of $2.0M, and assets of $29.5M (revenue +58.8% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.8M, and assets of $28.4M (revenue -17.5% year-over-year).
- 2013: Revenue of $2.4M, expenses of $1.8M, and assets of $28.2M (revenue -25.4% year-over-year).
- 2012: Revenue of $3.2M, expenses of $1.7M, and assets of $27.5M (revenue -4.6% year-over-year).
- 2011: Revenue of $3.3M, expenses of $1.6M, and assets of $26.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clrc Inc:
Data Sources and Methodology
This transparency report for Clrc 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.