Cleveland Browns Foundation

Analysis

Cleveland Browns Foundation is a registered charity in United States, based in Berea, OH. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Cleveland Browns Foundation reported income of $2.6m and spending of $2.1m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.6m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cleveland Browns Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Olean General Hospital Foundation ($2.6m), American Macular Degeneration Foundation Inc ($2.6m) and West Florida Premier Soccer Club Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $2.6m against liabilities of $464k, net assets of $2.2m.