Cincinnati Womans Club

Analysis

Cincinnati Womans Club is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 1947, 79 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Cincinnati Womans Club reported income of $1.3m and spending of $2.1m, spending 158% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $1.8m to $1.3m (-29%), an average of -8.3% a year. The sharpest change came in the year to May 2021, when income rose by 99%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cincinnati Womans Club sits at the 80th percentile: it is larger than about 80% 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 Public Image Partnership NFP ($1.3m), Bside Fund ($1.3m) and Midland Shared Spaces ($1.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 13% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $258k (13% of expenses). Other salaries and wages came to $583k. At year end it held assets of $24.0m against liabilities of $387k, net assets of $23.6m. It reported 26 employees.