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Environment & Animals · 2023 Form 990

Clasp: $26.3M Revenue, $19.5M Program Expenses

Washington, District of Columbia · EIN 331112770 · Filing year 2023

Clasp reported $26.3M in total revenue, $24.9M in total expenses, and $21.0M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($19.5M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: A (82/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

A
Efficiency Score
82/100

Key Facts (2023 Form 990)

Total Revenue
$26.3M
Total Expenses
$24.9M
Program Expenses
$19.5M
Program Expense Ratio
78.0%
Total Assets
$21.0M
Reserve Months
10.1 months
EIN
331112770
Latest 990 Year
2023
Top Officer Compensation
Not reported

On the LakeQuality nonprofit efficiency rubric, Clasp pulls an A — the highest available grade. The 82/100 composite reflects a combination of program-focused spending, controlled overhead, and the kind of multi-year financial discipline that grant-makers look for.

Clasp reported $26.3M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Clasp directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.

Five-year revenue trajectory is strongly positive: Clasp has grown materially in real terms, which usually signals successful fundraising and program expansion. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Clasp works in Environment & Animals — environmental, conservation, animal-welfare, and natural-resources programs. The sector spans large international conservation groups and small local land trusts; the financial profile varies accordingly.


$26.3M
Revenue
$24.9M
Expenses
$21.0M
Total Assets
78.0%
Program Spending

How Clasp Compares

Clasp directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 82/100 is 9 points above the Environment & Animals category average. The organization holds 10.1 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$19.5M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
10.1 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to Clasp, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


Clasp has an Efficiency Score of A (82/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

Clasp, Donor FAQ

Clasp has an Efficiency Score of A (82/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for Clasp is not reported in the most recent IRS 990 filing on file.

Clasp reported $26.3M in annual revenue and $24.9M in total expenses for filing year 2023. The organization holds $21.0M in total assets.

For every dollar donated to Clasp, approximately 78.0 cents goes to program activities. The organization has 10.1 months of operating reserves, providing financial stability to sustain its mission.

Clasp is a registered 501(c) organization with EIN 331112770, based in Washington, District of Columbia. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.