Cincinnati Union Bethel

Analysis

Cincinnati Union Bethel is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Union Bethel reported income of $2.5m and spending of $3.0m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.4m to $2.5m (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cincinnati Union Bethel sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Child Care Law Center ($2.5m), Willie Youngs Home for Young Men Inc ($2.5m) and Edgewater Place Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $323k (11% of expenses). Other salaries and wages came to $1.1m. It paid $84k in professional fundraising fees. At year end it held assets of $3.4m against liabilities of $653k, net assets of $2.8m. It reported 31 employees.