Business Advisers of Cleveland

Analysis

Business Advisers of Cleveland is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 1959, 67 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Business Advisers of Cleveland reported income of $107k and spending of $93k, spending 87% of its income. Across the 3 years on record, from September 2020 to September 2023, income grew from $100k to $107k (+6.6%), an average of +3.2% a year. The sharpest change came in the year to September 2022, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Business Advisers of Cleveland sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OH. Charities of a similar size with the same main cause include Liberty Station Improvement Association ($107k), Siuslaw Vision ($107k) and United Way of South Central Georgia Inc ($107k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 44% and program service revenue 8.3% of the total. At year end it held assets of $336k against liabilities of $534, net assets of $335k.