The Cleveland Police Foundation

Analysis

The Cleveland Police Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, The Cleveland Police Foundation reported income of $173k and spending of $254k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $804k to $173k (-78%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Cleveland Police Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within OH. Charities of a similar size with the same main cause include Western Gas Measurement Short Course Committee ($173k), National Hemophilia Foundation ($173k) and Westborough Food Pantry Inc ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $11k. At year end it held assets of $417k against liabilities of $0, net assets of $417k.