Schnurmann House

Analysis

Schnurmann House is a registered charity in United States, based in Mayfield Heights, OH. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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, Schnurmann House reported income of $2.1m and spending of $1.9m, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.0m to $2.1m (+4.9%), an average of +1.6% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Schnurmann House sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include E Town ($2.1m), His Independence Project Inc ($2.1m) and Mypath ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 61% of the total. Other salaries and wages came to $407k. At year end it held assets of $4.1m against liabilities of $451k, net assets of $3.7m. It reported 12 employees.