Seven Hills Neighborhood Houses

Analysis

Seven Hills Neighborhood Houses is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in December 1962, 64 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, Seven Hills Neighborhood Houses reported income of $1.6m and spending of $1.1m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $800k to $1.6m (+94%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seven Hills Neighborhood Houses 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 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Nurturing Center Inc ($1.6m), Giving Grace Inc ($1.6m) and Mbolden Change ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $133k (12% of expenses). Other salaries and wages came to $341k. At year end it held assets of $2.0m against liabilities of $235k, net assets of $1.8m. It reported 19 employees.