Cleveland Furniture Bank
Parma, Ohio
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,394,587↑7% | $2,328,865↑17% | $1,491,791↑51% | |
| 2022 | $2,229,373↑6% | $1,989,518↑9% | $988,468↑33% | — |
| 2021 | $2,098,387↑12% | $1,829,166↑1% | $741,288↑30% | — |
| 2020 | $1,871,884↓11% | $1,807,870↓15% | $568,111↑23% | — |
| 2019 | $2,104,253↓5% | $2,126,019↓7% | $463,189↓9% | — |
| 2018 | $2,225,326↑1% | $2,283,880↓3% | $510,429↓11% | — |
| 2017 | $2,209,411 | $2,345,825↑7% | $573,146↓21% | — |
| 2016 | $2,203,816↑5% | $2,187,865↑9% | $727,190↑14% | — |
| 2015 | $2,094,099↑2% | $2,010,997↓6% | $638,917↑11% | — |
| 2014 | $2,056,595↓7% | $2,143,326↑1% | $573,155↓8% | — |
| 2013 | $2,209,549 | $2,130,325↑3% | $624,875↑14% | — |
| 2012 | $2,209,157↑6% | $2,060,794↑9% | $548,896↑36% | — |
| 2011 | $2,083,071 | $1,892,369 | $403,690 | — |
Frequently Asked Questions
What does Cleveland Furniture Bank do?▼
Cleveland Furniture Bank is a human services nonprofit organization based in Ohio. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Cleveland Furniture Bank financially healthy?▼
Based on our 9-metric Financial Health Score model, Cleveland Furniture Bank has a score of 81/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Cleveland Furniture Bank generate?▼
Cleveland Furniture Bank reports $2.3M in annual revenue and holds $3.4M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Human Services category, or browse all nonprofits in Ohio.