Teen Challenge of Greater Cleveland

Analysis

Teen Challenge of Greater Cleveland is a registered charity in United States, based in Perry, OH. It received its IRS tax-exemption ruling in November 1970, 56 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Teen Challenge of Greater Cleveland reported income of $459k and spending of $476k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $449k to $459k (+2.3%), an average of +0.6% a year. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Teen Challenge of Greater Cleveland sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include National Catholic Committee on Scouting Ltd ($459k), PBJ Connections Inc ($459k) and Yes We Care ($459k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $197k. At year end it held assets of $194k against liabilities of $26k, net assets of $168k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.