Diversity Center of Northeast Ohio Inc

Analysis

Diversity Center of Northeast Ohio Inc is a registered charity in United States, based in Beachwood, OH. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Diversity Center of Northeast Ohio Inc reported income of $1.5m and spending of $1.5m, spending 105% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $1.5m (+5.5%), an average of +1.3% a year. The sharpest change came in the year to August 2021, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Diversity Center of Northeast Ohio Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Youth Rising ($1.5m), Values-In-Action Foundation ($1.5m) and Everett Community College Foundation ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 24% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $144k (9.4% of expenses). Other salaries and wages came to $683k. At year end it held assets of $1.4m against liabilities of $464k, net assets of $907k. It reported 20 employees.