United Way of Greater Cincinnati

Analysis

United Way of Greater Cincinnati is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in October 1955, 71 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, United Way of Greater Cincinnati reported income of $39.1m and spending of $38.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $46.0m to $39.1m (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of Greater Cincinnati sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Stand Up to Cancer ($38.9m), Foundation for Advanced Philanthrophy ($39.3m) and University of Louisville Real Estate Foundation ($38.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $900k (2.3% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $90.2m against liabilities of $18.1m, net assets of $72.1m. It reported 122 employees.