Diocese of Cleveland Facilities Services Corporation

Analysis

Diocese of Cleveland Facilities Services Corporation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Diocese of Cleveland Facilities Services Corporation reported income of $2.2m and spending of $3.3m, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.2m (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Diocese of Cleveland Facilities Services Corporation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Missouri Association of Area Agencies on Aging ($2.2m), Association for Protestant Reformed Education ($2.2m) and Family Network on Disabilities of Florida Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. At year end it held assets of $13.3m against liabilities of $117k, net assets of $13.2m. It reported 14 employees.