Public Charity

Economic Growth Foundation

Economic Growth Foundation, of Cleveland, OH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $5.0M in revenue, $4.5M in expenses, $13.4M in total assets. 21 publicly reported grants to this organization, totaling roughly $4.4M, appear in IRS filings.

EIN: 341916518 Cleveland, OH Job Training NTEE: J22 Latest filing: 2024
Total Revenue$5.0M
Total Expenses$4.5M
Total Assets$13.4M
Grant Records21
Funding Total$4.4M
Filing Years2019–2024

Mission

To promote and advance the civic, economic, and cultural growth of Greater Cleveland as a place to live, work, and conduct business.

Where $100 goes at Economic Growth Foundation

How Economic Growth Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$96 Programs the work itself
$4 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $96 for programs

$45
Talent:Dynamic businesses need abundant talent to grow
47% of program spending · Reported in the filing: 2,600 students
$42
Inclusive Opportunity:Our focus is on expanding inclusive opportunity and advancing equity across all levels of the business community
44% of program spending · Reported in the filing: 20 organizations
$6
Innovation:A thriving region depends on the strength and growth of its business community
6% of program spending

Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
GENERAL SUPPORT
$16,500
2024
GCP'S EARLY CAREER EXPLORATION
$842,000
2024
SUPPORT ORGANZATION'S EFFORTS ON WATER QUALITY, IMMIGRATION REFORM, TRADE, TRANSPORTATION AND INFRASTRUCTURE FOR THE GREAT LAKES REGION
$30,000
$25,000

Showing up to 5 of 21 total records — full history available with membership.

Officers & Directors

Director Arnold Craig
Director Barlage Nic
SVP, Equity & Inclusion Blakemore Patrice
Director Cavoli James
Controller Finance & Operations Coates Steven
Director Connell Michele

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$2,589,884 7 grants
Education
$659,650 1 grant
Research & Policy
$609,666 1 grant
General Support
$310,524 6 grants
Environment & Conservation
$150,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $5.0M $4.5M $13.4M
2023 $4.8M $4.7M $12.7M
2022 $2.9M $3.9M $13.7M
2020 $3.1M $3.0M $13.2M
2019 $2.2M $2.3M $12.9M

Between 2019 and 2024, reported annual revenue grew from $2.2M to $5.0M (+123%), with total assets most recently reported at $13.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Economic Growth Foundation

Complete financials, all 21 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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