Resource Cleveland

Analysis

Resource Cleveland is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Resource Cleveland reported income of $3.0m and spending of $2.1m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $773k to $3.0m (+284%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 72%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Resource Cleveland 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 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Chaves County Casa Program ($3.0m), Cuidando Los Ninos Inc ($3.0m) and Camphill Village Kimberton Hills Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 7.4% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.9m against liabilities of $81k, net assets of $1.9m. It reported 39 employees.