Cincinnati Sports Med Res & Edu FND

Analysis

Cincinnati Sports Med Res & Edu FND is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 1986, 40 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cincinnati Sports Med Res & Edu FND reported income of $662k and spending of $1.0m, spending 155% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $833k to $662k (-21%), an average of -4.5% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cincinnati Sports Med Res & Edu FND sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Napa Valley P S I Inc ($662k), LC Danese G Borland Charittrust ($662k) and Valley Bloom ($662k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $236k (23% of expenses). At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m.