Central Cleveland Drop Back in

Analysis

Central Cleveland Drop Back in is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Central Cleveland Drop Back in reported income of $3.6m and spending of $3.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.6m (+65%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Cleveland Drop Back in sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Sonoma State University Foundation ($3.6m), Steam Academy of Cleveland ($3.6m) and Bridge Gate Community School ($3.6m).

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 $1.2m. At year end it held assets of $5.9m against liabilities of $4.6m, net assets of $1.3m.