St Clair Superior Development Corporation

Analysis

St Clair Superior Development Corporation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in August 1982, 44 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, St Clair Superior Development Corporation reported income of $463k and spending of $416k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $463k (+277%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 140%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Clair Superior Development Corporation sits at the 67th percentile: it is larger than about 67% 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 Interactive Sciences Incorporated ($463k), Laughlin Community Center Inc ($463k) and Ashe County Arts Council ($463k).

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 $114k (27% of expenses). Other salaries and wages came to $101k. At year end it held assets of $761k against liabilities of $270k, net assets of $491k. It reported 5 employees.