8200-8300 Franklin Blvd

Analysis

8200-8300 Franklin Blvd is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in March 2013, 13 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, 8200-8300 Franklin Blvd reported income of $79k and spending of $101k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $88k to $79k (-10%), an average of -2.6% a year. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 8200-8300 Franklin Blvd sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Ocean Housing Development II Inc ($79k), Grundy County Supportive Housingcorporation ($79k) and Washington Street Residents Association ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Other salaries and wages came to $18k. At year end it held assets of $449k against liabilities of $20k, net assets of $429k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.