Mount Pleasant Now Development Corporation

Analysis

Mount Pleasant Now Development Corporation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 1989, 37 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Mount Pleasant Now Development Corporation reported income of $497k and spending of $440k, spending 89% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $901k to $497k (-45%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 142% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mount Pleasant Now Development Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Church Hill Volunteer Fire Company Inc ($497k), Nami Rochester Ny Inc ($497k) and National Church Residences of ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% of the total. Other salaries and wages came to $163k. At year end it held assets of $4.0m against liabilities of $2.1m, net assets of $1.9m.