funder logo

THE CLEVELAND FOUNDATION

THE CLEVELAND FOUNDATION

Cleveland, OH, US
501(c)3
EIN
34-0714588
DAF Sponsor
Community Foundation
Regional Funder
funder logo

THE CLEVELAND FOUNDATION

Cleveland, OH, US
501(c)3
EIN
34-0714588
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$302,815,178

Contributions
41%
Other
24%
Investments
20%
Government Grants
15%
Program Services
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$222,320,279

Grants
86%
Salaries & Benefits
6%
Fees to Service Providers
5%
Other
2%
Offices, Occupancy & IT
1%
Depreciation
<1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$126,595,362
$124,074,788
-2%
Government Grants
$16,384,923
$45,594,653
+178%
Fundraising Events
$0
$0
-
Program Services
$344,515
$429,684
+25%
Membership Dues
$0
$0
-
Investments
$42,954,153
$59,378,142
+38%
Other
$184,074,941
$73,337,911
-60%
Total Revenues
$370,353,894
$302,815,178
-18%
Expenses
2023
2024
Change
Grants
$157,358,428
$190,667,043
+21%
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,734,967
$12,673,001
0%
Fees to Service Providers
$9,840,954
$11,508,919
+17%
Advertising & Promotion
$198,421
$154,159
-22%
Offices, Occupancy & IT
$1,737,704
$2,359,473
+36%
Interest
$133,882
$126,868
-5%
Depreciation
$968,411
$1,200,240
+24%
Other
$2,875,102
$3,630,576
+26%
Total Expenses
$185,847,869
$222,320,279
+20%
Net income
2023
2024
Change
Net income
+$184,506,025
+$80,494,899
-56%
Functional Expenses
Summary
2023
2024
Change
Program
$166,685,835
$200,637,681
+20%
Admin
$12,370,738
$14,792,667
+20%
Fundraising
$6,791,296
$6,889,931
+1%
Total Expenses
$185,847,869
$222,320,279
+20%
Income Statement
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