Cincinnati Health Network Inc

Analysis

Cincinnati Health Network Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in October 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Cincinnati Health Network Inc reported income of $11.9m and spending of $7.3m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.9m to $11.9m (+101%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cincinnati Health Network Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include American Institute for Cancer Research ($11.9m), Ammonoosuc Community Health Services Inc ($11.9m) and Wesley Homes Community Health Services ($11.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.6% of the total. Compensation of current officers, directors and key employees was $527k (7.2% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $14.7m against liabilities of $599k, net assets of $14.1m. It reported 73 employees.