In Focus of Cleveland Inc

Analysis

In Focus of Cleveland Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, In Focus of Cleveland Inc reported income of $1.1m and spending of $1.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.1m (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, In Focus of Cleveland Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Stepstone Inc ($1.1m), Beacon Hill ($1.1m) and Lowell Community Development Corporation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $135k (12% of expenses). Other salaries and wages came to $542k. At year end it held assets of $911k against liabilities of $389k, net assets of $522k. It reported 22 employees.