UNITED BLACK FUND OF GREATER CLEVELAND INC

CLEVELAND, OH, 44115-2127 (216) 566-9263 Est. 1981 EIN 34-1366892
990 - Public charity return 501(c)(3)

Mission

PROVIDE FUNDING AND TECHNICAL ASSISTANCE TO SMALL AND MINORITY DISADVANTAGE BUSINESSES.

Giving Portfolio

Total Grants
59
Total Giving
$419K
Recipients
59
Years Active
2018 - 2020
Avg grant: $7,097 Median: $6,100

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202018$126K $7K711
201922$157K $7K139
201819$136K $7K190

Sectors Funded

Human Services
9
Education
7
Youth Development
7
Environment
3
Mental Health & Crisis Intervention
3
Philanthropy & Grantmaking
2
International & Foreign Affairs
2
Public & Societal Benefit
2
and 4 more sectors

Top States

Ohio
59

Grantee Size Profile

$500K - $1M
11
Under $100K
7
$100K - $500K
7
$1M - $5M
7
$10M - $50M
5
Over $50M
3
$5M - $10M
1

Top Grantees

Page 1 of 3
Stand Tall Academies
OH - 2 grants
$21K
OH - 2 grants
$20K
OH - 3 grants
$18K
$13K

Grants Awarded · 51 grants

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Financials

Total Revenue
$3,319,997
Total Expenses
$2,679,396
Net Assets
$2,976,639
4 employees
From latest filing (tax period ending 2023-12-31)

Financial Health

Operating Reserve
13.3 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 373.3%
Expenses ↑ 199.6%
Revenue Sources
Contributions 89.7% Investment 10.3%
Expense Breakdown
Program 99.9% Management 0.1%

Officers & Trustees (21)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$3,319,997 ↑$2,679,396$2,976,639
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$701,524 ↓$894,284$3,367,242
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$844,855 ↓$924,334$2,571,083
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$1,415,333 ↑$1,281,400$2,458,095
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$806,241 $1,023,847$2,074,432

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EIN: 34-1366892 · Source: IRS Form 990 e-file data