Coventry Village Special Improvemnt District of Cleveland Heights Inc

Analysis

Coventry Village Special Improvemnt District of Cleveland Heights Inc is a registered charity in United States, based in Cleveland HTS, OH. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Coventry Village Special Improvemnt District of Cleveland Heights Inc reported income of $66k and spending of $177k, spending 267% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $240k to $66k (-72%), an average of -72% a year. The sharpest change came in the year to December 2023, when income dropped by 72%. Over the whole period it spent 133% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Coventry Village Special Improvemnt District of Cleveland Heights Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Bronx Rotary Foundation of Rotary Club of Bronx N Y ($66k), Renew East Lyme Inc ($66k) and Riverview Community Center ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $62k against liabilities of $18k, net assets of $44k.