Cleveland Christian Home Inc

Analysis

Cleveland Christian Home Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 1951, 75 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cleveland Christian Home Inc reported income of $9.6m and spending of $9.0m, spending 94% of its income. Across the 5 years on record, from June 2019 to December 2023, income grew from $6.2m to $9.6m (+54%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cleveland Christian Home Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Western Diocese Endowment Fund Inc ($9.5m), Jubilee Ministries ($9.7m) and City of Faith Prison Ministries ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $4.7m. At year end it held assets of $14.0m against liabilities of $5.5m, net assets of $8.5m. It reported 104 employees.