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Center for Closing the Health Gap in Greater Cincinnati

RegisteredEIN 20-0902286Cincinnati, OHHealth and saving lives
Income$1.3m2023-06
Spending$2.0msame year
Spent / received108%4-year average
Size in its cause67th pctHealth and saving lives
Exempt since2005Publicly supported organisat
Employees16latest return

Analysis

Center for Closing the Health Gap in Greater Cincinnati is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Center for Closing the Health Gap in Greater Cincinnati reported income of $1.3m and spending of $2.0m, spending 149% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.7m to $1.3m (-25%), an average of -9.1% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center for Closing the Health Gap in Greater Cincinnati sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Encore Programs Inc a Nonprofit Public Benefit Corporation ($1.3m), Bay Ambulance Inc ($1.3m) and Center for Hope and Renewal Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $150k (7.7% of expenses). Other salaries and wages came to $465k. At year end it held assets of $568k against liabilities of $107k, net assets of $461k. It reported 16 employees.

Income and spending

$0$634k$1.3m$1.9m$2.5m2020 Income: $1,746,1882020 Spending: $1,339,29820202021 Income: $1,472,3322021 Spending: $1,878,60920212022 Income: $2,535,1512022 Spending: $2,432,27320222023 Income: $1,310,8472023 Spending: $1,951,3962023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Program services 2.1%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
Encore Programs Inc a Nonprofit Public Benefit CorporationHuntingtn BCH$1.3m
Bay Ambulance IncBaraga$1.3m
Center for Hope and Renewal IncJersey City$1.3m
Newark Transitional Supervised Living Program CorporationNewark$1.3m