Over-The-Rhine Revitalization Corporation

Analysis

Over-The-Rhine Revitalization Corporation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Over-The-Rhine Revitalization Corporation reported income of $54k and spending of $15k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $63k to $54k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2020, when income rose by 829%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Over-The-Rhine Revitalization Corporation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include Oshkosh Mid-Morning Kiwanis Foundation Inc ($54k), Sacramento Developer Collective ($54k) and Merrick Moore Community Development Corporation ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 225% of the total. At year end it held assets of $88k against liabilities of $7,267, net assets of $81k.