Cleveland Manor II Inc

Analysis

Cleveland Manor II Inc is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in May 2004, 22 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 (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 Manor II Inc reported income of $843k and spending of $775k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $654k to $843k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cleveland Manor II Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Homeless Engagement & Lift Partnership ($843k), Wake County Continuum of Care ($843k) and Frontier Housing Corporation ($843k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $56k (7.2% of expenses). Other salaries and wages came to $172k. At year end it held assets of $1.8m against liabilities of $2.0m, net assets of -$261k.