Developing Connections Northeast Ohio

Analysis

Developing Connections Northeast Ohio is a registered charity in United States, based in Parma, OH. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 July 2023, Developing Connections Northeast Ohio reported income of $282k and spending of $270k, spending 95% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $286k to $282k (-1.2%), an average of -0.3% a year. The sharpest change came in the year to July 2022, when income rose by 91%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Developing Connections Northeast Ohio sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Morning Star Korean Culture Center Inc ($282k), Rocky Mountain Association of Geologists ($283k) and Ov-10 Bronco Association Inc ($282k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 44% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $77k (29% of expenses). Other salaries and wages came to $40k. At year end it held assets of $513k against liabilities of $7,384, net assets of $505k. It reported 9 employees.