Scranton Road Ministries Community Development Corporation

Analysis

Scranton Road Ministries Community Development Corporation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Scranton Road Ministries Community Development Corporation reported income of $766k and spending of $718k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $536k to $766k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scranton Road Ministries Community Development Corporation 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 76th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Turtles Nest Elc Inc ($765k), Sulamita Christian Academy ($766k) and Virginia Technical Institute ($765k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $118k (16% of expenses). Other salaries and wages came to $284k. At year end it held assets of $898k against liabilities of $8,593, net assets of $890k. It reported 14 employees.