Cincinnati Teen Challenge Inc

Analysis

Cincinnati Teen Challenge Inc is a registered charity in United States, based in Milford, OH. It received its IRS tax-exemption ruling in August 1973, 53 years ago. 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, Cincinnati Teen Challenge Inc reported income of $557k and spending of $899k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $666k to $557k (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2022, when income rose by 107%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cincinnati Teen Challenge Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Pittsfield Center Development Corporation ($557k), Online School of Arizona ($557k) and Suffolk Festivals Inc ($556k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $98k (11% of expenses). Other salaries and wages came to $356k. At year end it held assets of $2.6m against liabilities of $16k, net assets of $2.6m. It reported 28 employees.