Cleveland Engineering Society

Analysis

Cleveland Engineering Society is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in April 1954, 72 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Cleveland Engineering Society reported income of $143k and spending of $170k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $200k to $143k (-29%), an average of -8.1% a year. The sharpest change came in the year to June 2023, when income rose by 88%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cleveland Engineering Society sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Arts Center at Killingworth Inc ($143k), Mitten Childrens Museum ($143k) and Project Merz Inc ($142k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.4% and program service revenue 89% of the total. Other salaries and wages came to $47k. At year end it held assets of $187k against liabilities of $27k, net assets of $160k. It reported 1 employees.