Eastern Cleveland Drop Back in

Analysis

Eastern Cleveland Drop Back in is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in April 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, Eastern Cleveland Drop Back in reported income of $5.7m and spending of $5.8m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $5.7m (+223%), an average of +34% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastern Cleveland Drop Back in sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Holy Apostles College & Seminary ($5.7m), Vineland Public Charter School ($5.7m) and Constellation Schools Elyria Community Elementary ($5.7m).

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 $2.1m. At year end it held assets of $8.5m against liabilities of $7.5m, net assets of $998k.