5805 Euclid Inc

Analysis

5805 Euclid Inc is a registered charity in United States, based in Shaker HTS, OH. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 5805 Euclid Inc reported income of $1.8m and spending of $1.2m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.8m (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2023, when income rose by 208%. Over the whole period it spent 36% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, 5805 Euclid Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Greenbrier County Emergency Ambulance Service Inc ($1.8m), Logan Health Care Center - Shelby ($1.8m) and National Fragile X Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 51% of the total. At year end it held assets of $18.8m against liabilities of $17.4m, net assets of $1.5m.