Mesivta of Cleveland

Analysis

Mesivta of Cleveland is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mesivta of Cleveland reported income of $1.0m and spending of $853k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $456k to $1.0m (+123%), an average of +123% a year. The sharpest change came in the year to December 2023, when income rose by 123%. 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, Mesivta of Cleveland sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Saint Jerome Institute Inc ($1.0m), Darren Patterson Christian Academy ($1.0m) and Communities in Schools of Northwest Michigan ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.3% of the total. Other salaries and wages came to $259k. At year end it held assets of $240k against liabilities of $0, net assets of $240k. It reported 17 employees.