Cleveland Senior Citizens Organzation

Analysis

Cleveland Senior Citizens Organzation is a registered charity in United States, based in Cleveland, TX. It received its IRS tax-exemption ruling in February 1985, 41 years ago. 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 September 2023, Cleveland Senior Citizens Organzation reported income of $341k and spending of $419k, spending 123% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $321k to $341k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to September 2021, when income dropped by 23%. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cleveland Senior Citizens Organzation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Keeping It Real Loving Caring Sharing in the Neighborhood Instit ($341k), H S Henton Trust for U of M ($341k) and Thamani ($341k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $128k (31% of expenses). At year end it held assets of $313k against liabilities of $344k, net assets of -$32k. It reported 10 employees.

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.