Greater Cleveland Sports Commission

Analysis

Greater Cleveland Sports Commission is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Greater Cleveland Sports Commission reported income of $3.7m and spending of $4.5m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.3m to $3.7m (-64%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 155%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Cleveland Sports Commission 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 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Yakima Rotary Food Bank ($3.7m), Prevention Resources Inc ($3.7m) and Florence Crittenton Services Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $1.4m (30% of expenses). Other salaries and wages came to $878k. At year end it held assets of $6.1m against liabilities of $1.3m, net assets of $4.9m. It reported 37 employees.