Gestalt Institute of Cleveland Inc

Analysis

Gestalt Institute of Cleveland Inc is a registered charity in United States, based in Berea, OH. It received its IRS tax-exemption ruling in November 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Gestalt Institute of Cleveland Inc reported income of $447k and spending of $511k, spending 114% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $599k to $447k (-25%), an average of -7.1% a year. The sharpest change came in the year to August 2023, when income rose by 29%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gestalt Institute of Cleveland Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Kingwood All Sports Booster Club Inc ($447k), Lutheran School Corporation of Indiana Inc ($447k) and Alaska State Elks Charitable Trust ($447k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 10% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $65k (13% of expenses). Other salaries and wages came to $60k. At year end it held assets of $334k against liabilities of $355k, net assets of -$22k. It reported 2 employees.