Childrens Home of Cincinnati Ohio Inc

Analysis

Childrens Home of Cincinnati Ohio Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 1944, 82 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 June 2023, Childrens Home of Cincinnati Ohio Inc reported income of $50.1m and spending of $48.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $30.1m to $50.1m (+67%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Home of Cincinnati Ohio Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Young Mens Christian Association of Orange County ($50.1m), Vincentian Cares Inc ($50.3m) and All Faiths Food Bank Inc ($50.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $1.7m (3.4% of expenses). Other salaries and wages came to $27.6m. At year end it held assets of $67.5m against liabilities of $15.8m, net assets of $51.7m. It reported 771 employees.