Southwest Ohio Region Workforce Investment Board

Analysis

Southwest Ohio Region Workforce Investment Board is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover employment, 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 June 2023, Southwest Ohio Region Workforce Investment Board reported income of $987k and spending of $886k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $814k to $987k (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southwest Ohio Region Workforce Investment Board sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Saras Mentoring Center Inc ($987k), Dress for Success Indianapolis Inc ($989k) and Professional Asian Pilots Association ($986k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $100k (11% of expenses). Other salaries and wages came to $150k. At year end it held assets of $1.2m against liabilities of $51k, net assets of $1.1m. It reported 4 employees.