Clare Matrix is a 501(c)(3) organization based in Santa Monica, California, registered in 1970, with $12,886,936 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$12.9M
▼ 19.3% vs prior year
Mental Health median: $333K
Expenses (FY2023)
$15.5M
Net assets
-$703K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Clare Matrix— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Clare Matrix: 0 mo reserves · -21% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Clare Matrix— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Clare Matrix: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $6.9M (FY2013) to $12.9M (FY2023) across 9 reported years.
Financial snapshot
Operating margin
-20.6%
Spent more than it raised in the latest fiscal year.
Total assets
$11.6M
Total liabilities
$12.3M
Net assets
-$703K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $12,886,936▼19.3% | $15,536,644▲2.1% | -$702,768▼147% | $11,638,431▲5.5% | 990 |
| 2022 | $15,978,489▼15.8% | $15,212,868▼17.9% | $1,481,983▲34.5% | $11,036,071▼19.9% | 990 |
| 2020 | $18,967,997▲3.2% | $18,523,306▼4.2% | $1,101,707▼15.4% | $13,774,241▼7.5% | 990 |
| 2019 | $18,378,969▲5.4% | $19,338,198▼5.4% | $1,302,046▼50.2% | $14,888,926▲7.5% | 990 |
| 2018 | $17,444,949▲134% | $20,440,790▲145% | $2,612,346▼51.5% | $13,845,486▲25.0% | 990 |
| 2016 | $7,447,103▼0.2% | $8,345,057▼2.8% | $5,391,542▼14.1% | $11,079,129▼4.5% | 990 |
| 2015 | $7,462,367▼24.6% | $8,587,384▲4.6% | $6,273,691▼15.3% | $11,600,153▼11.8% | 990 |
| 2014 | $9,892,594▲42.8% | $8,208,829▲13.6% | $7,407,000▲28.9% | $13,147,985▲17.8% | 990 |
| 2013 | $6,929,849 | $7,223,122▲21.6% | $5,744,948▼4.6% | $11,159,329▼5.5% | 990 |
| 2012 | — | $5,938,518▲25.5% | $6,021,316▼6.7% | $11,812,132▲4.1% | 990 |
| 2011 | — | $4,731,430 | $6,455,185 | $11,351,924 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
43 grants to Clare Matrix totaling $2.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $250,000 |
| Saint Johns Health Center Foundation | To support the spiritual and peer support program. | 2024 | $50,000 |
| Cedars-sinai Medical Center | Community health grant | 2023 | $85,000 |
| Impactassets Inc | General support | 2023 | $20,000 |
| Donor Advised Charitable Giving | Health | 2023 | $10,000 |
| California Community Foundation | Health | 2023 | $8,000 |
| Cedars-sinai Medical Center | Capacity building grant | 2022 | $100,000 |
| California Community Foundation | Health | 2022 | $12,500 |
| Cedars-sinai Medical Center | Community initiative grant | 2021 | $180,000 |
| Saint Johns Health Center Foundation | Recovery bridges housing | 2021 | $100,000 |
| Impactassets Inc | General purpose | 2021 | $20,000 |
| The People Concern | Program capacity building | 2021 | $15,000 |
| California Community Foundation | Health | 2021 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2020 | $125,000 |
| Saint Johns Health Center Foundation | Men's treatment program expansion | 2020 | $100,000 |
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Data for Clare Matrix (EIN 23-7076166) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.