The Benjamin Rose Institute
Analysis
The Benjamin Rose Institute is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 1937, 89 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, The Benjamin Rose Institute reported income of $8.5m and spending of $7.6m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.7m to $8.5m (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 89% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Benjamin Rose Institute sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include The Foundry Ministries Inc ($8.5m), Wounded Warrior Project Long Term Support TR ($8.5m) and Inwood Community Services Inc ($8.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $532k (7.0% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $171.9m against liabilities of $11.6m, net assets of $160.2m. It reported 142 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Program services 2.2%
- Other 9.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Foundry Ministries Inc | Bessemer | $8.5m |
| Wounded Warrior Project Long Term Support TR | Wilmington | $8.5m |
| Inwood Community Services Inc | New York | $8.5m |
| Mhy Family Services | Mars | $8.5m |