CGLR Foundation

Analysis

CGLR Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover human services, 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 March 2023, CGLR Foundation reported income of $2.0m and spending of $728k, leaving 64% of income unspent that year. Across the 3 years on record, from March 2021 to March 2023, income grew from $209k to $2.0m (+864%), an average of +210% a year. The sharpest change came in the year to March 2023, when income rose by 922%. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, CGLR Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Ashtabula County Day Care Center Inc ($2.0m), Cerenity Inc ($2.0m) and Alaska Institute for Justice ($2.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Other salaries and wages came to $234k. At year end it held assets of $1.6m against liabilities of $127k, net assets of $1.5m. It reported 3 employees.