Urban League of Cleveland

Analysis

Urban League of Cleveland is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in May 1956, 70 years ago. 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, Urban League of Cleveland reported income of $4.1m and spending of $4.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $4.1m (+219%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 148%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Urban League of Cleveland sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Lakeland Foundation ($4.1m), Anchor House Inc ($4.1m) and St Joseph Montessori School ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $182k (4.4% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.9m against liabilities of $850k, net assets of $1.1m. It reported 29 employees.