Western Reserve Fire Museum at Cleveland Inc
Analysis
Western Reserve Fire Museum at Cleveland Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 1993, 33 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 December 2023, Western Reserve Fire Museum at Cleveland Inc reported income of $192k and spending of $185k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $161k to $192k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 86% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western Reserve Fire Museum at Cleveland Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Ashland Regional Ballet Inc ($192k), Westlake High School Instrumental Music Boosters ($192k) and Madison County Mississippi Sheriffs Department Benefit Association ($192k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 6.9% of the total. Other salaries and wages came to $32k. At year end it held assets of $1.6m against liabilities of $73k, net assets of $1.5m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 72%
- Program services 6.9%
- Other 21%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ashland Regional Ballet Inc | Ashland | $192k |
| Westlake High School Instrumental Music Boosters | Westlake VLG | $192k |
| Madison County Mississippi Sheriffs Department Benefit Association | Canton | $192k |
| Woodlawn East Community and Neighbo R | Chicago | $192k |