Cleveland Ibn Sina Foundation

Analysis

Cleveland Ibn Sina Foundation is a registered charity in United States, based in Strongsville, OH. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2021, Cleveland Ibn Sina Foundation reported income of $351k and spending of $302k, spending 86% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $39k to $351k (+796%), an average of +199% a year. The sharpest change came in the year to December 2021, when income rose by 1277%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cleveland Ibn Sina 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 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Oakstone Health Center ($351k), Gout Support Group of America ($351k) and Living the Dream Foundation ($351k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $44k. At year end it held assets of $71k against liabilities of $0, net assets of $71k.