Metro West Community Development Organization

Analysis

Metro West Community Development Organization is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in November 2019, 7 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 June 2023, Metro West Community Development Organization reported income of $1.2m and spending of $1.1m, spending 88% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $1.4m to $1.2m (-12%), an average of -6.1% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Metro West Community Development Organization sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Encourage BC ($1.2m), City Community Services ($1.2m) and Careercatchers Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.5% of the total. Other salaries and wages came to $599k. At year end it held assets of $569k against liabilities of $11k, net assets of $558k. It reported 21 employees.