Clevelawn

Analysis

Clevelawn is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clevelawn reported income of $717k and spending of $571k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $342k to $717k (+110%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clevelawn sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Panhandle Alliance for Education Inc ($717k), Foundation for Rhode Island Dayschools ($717k) and Progress with Chess Inc ($717k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $65k (11% of expenses). Other salaries and wages came to $179k. At year end it held assets of $780k against liabilities of $235k, net assets of $546k. It reported 31 employees.