Cleveland Arts and Social Science Academy

Analysis

Cleveland Arts and Social Science Academy is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in November 2010, 16 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 June 2023, Cleveland Arts and Social Science Academy reported income of $4.7m and spending of $4.3m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $4.7m (+60%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cleveland Arts and Social Science Academy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Elija School ($4.7m), Bynum School ($4.7m) and Seattle Institute for Early Child Development Inc ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $6.5m against liabilities of $6.8m, net assets of -$321k.