Cleveland Neighborhood Association - Cna

Analysis

Cleveland Neighborhood Association - Cna is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Neighborhood Association - Cna reported income of $61k and spending of $88k, spending 146% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $61k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 122% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cleveland Neighborhood Association - Cna sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Luther Community Service Center Inc ($61k), Great Bend Foundation Inc ($61k) and Marceline Community Building Organization ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. At year end it held assets of $33k against liabilities of $22k, net assets of $12k.