Cleveland Archery Club Inc

Analysis

Cleveland Archery Club Inc is a registered charity in United States, based in Brunswick, OH. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Cleveland Archery Club Inc reported income of $58k and spending of $34k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $58k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cleveland Archery Club Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within OH. Charities of a similar size with the same main cause include Illinois Valley Girls Fastpitch Inc ($58k), South Run Swim Team ($58k) and Stars Baseball ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 83% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.