Cleveland Builds

Analysis

Cleveland Builds is a registered charity in United States, based in Independence, OH. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cleveland Builds reported income of $486k and spending of $476k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $165k to $486k (+194%), an average of +194% a year. The sharpest change came in the year to December 2023, when income rose by 194%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cleveland Builds sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Shark Fund ($486k), India Currents Foundation ($486k) and Faith Christian School & Institute of Washington ($486k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $115k. At year end it held assets of $202k against liabilities of $11k, net assets of $191k.