Cleveland Child Care Inc

Analysis

Cleveland Child Care Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in February 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cleveland Child Care Inc reported income of $730k and spending of $769k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $523k to $730k (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cleveland Child Care Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Somebody Cares America Inc ($730k), Food Lifeline Foundation ($730k) and New England Arab American Organization ($729k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $86k (11% of expenses). Other salaries and wages came to $434k. At year end it held assets of $421k against liabilities of $12k, net assets of $409k. It reported 19 employees.