Clearpath Inc is a 501(c)(3) organization based in Washington, District of Columbia, registered in 2018, with $18,380,298 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$18.4M
▲ 63.6% vs prior year
Environment median: $250K
Expenses (FY2024)
$14.6M
Net assets
$8.3M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Clearpath Inc— 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 Clearpath Inc: 7 mo reserves · +21% margin earns a A 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 Clearpath Inc— 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 Clearpath Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.1M (FY2018) to $18.4M (FY2024) across 7 reported years.
Financial snapshot
Operating margin
20.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.4M
Total liabilities
$1.1M
Net assets
$8.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $18,380,298▲63.6% | $14,557,188▲15.8% | $8,323,263▲80.9% | $9,376,269▲24.1% | 990 |
| 2023 | $11,234,840▼10.9% | $12,566,901▲19.3% | $4,602,204▼22.4% | $7,553,931▼21.9% | 990 |
| 2022 | $12,615,651▲36.8% | $10,532,083▲37.7% | $5,933,766▲54.1% | $9,677,194▲98.1% | 990 |
| 2021 | $9,219,831▲30.3% | $7,646,673▲26.3% | $3,850,198▲69.1% | $4,886,065▲27.7% | 990 |
| 2020 | $7,077,419▲9.5% | $6,052,453▲15.0% | $2,277,040▲81.9% | $3,825,790▲137% | 990 |
| 2019 | $6,465,863▲488% | $5,263,373▲401% | $1,252,074▲2425% | $1,613,275▲1013% | 990 |
| 2018 | $1,100,525 | $1,050,941 | $49,584 | $144,906 | 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.
34 grants to Clearpath Inc totaling $54.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $6,722,506 |
| Breakthrough Energy Foundation | Policy implementation | 2024 | $1,238,520 |
| 2040 Foundation Inc | Support for clean energy innovation initiatives | 2024 | $1,133,387 |
| Multiplier | Transmission solutions for a clean energy future | 2024 | $300,000 |
| Silicon Valley Community Foundation | Environment | 2024 | $100,000 |
| Breakthrough Energy Foundation | Policy development | 2024 | $90,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2023 | $5,079,226 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $3,900,000 |
| 2040 Foundation Inc | Support for clean energy innovation initiatives | 2023 | $1,320,009 |
| Donor Advised Charitable Giving | Environmental and animals | 2023 | $1,120,000 |
| Silicon Valley Community Foundation | Environment | 2023 | $750,000 |
| Breakthrough Energy Foundation | Policy implementation | 2023 | $623,500 |
| The Aspen Institute Inc | Clearpath award | 2023 | $380,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $300,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $10,000 |
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Data for Clearpath Inc (EIN 82-5026325) 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.