Cleveland Chesed Center

Analysis

Cleveland Chesed Center is a registered charity in United States, based in Cleveland HTS, OH. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 June 2023, Cleveland Chesed Center reported income of $617k and spending of $619k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $413k to $617k (+49%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cleveland Chesed Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Sweetwater Area Ministries Inc ($617k), Avodah Farms ($617k) and Food for Our Journey ($617k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $8,242 (1.3% of expenses). Other salaries and wages came to $98k. At year end it held assets of $547k against liabilities of $8,167, net assets of $539k.