Cincinnatis Optimum Residential Environments Inc

Analysis

Cincinnatis Optimum Residential Environments Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in September 1987, 39 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Cincinnatis Optimum Residential Environments Inc reported income of $8.0m and spending of $8.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.9m to $8.0m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cincinnatis Optimum Residential Environments Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include Community Counseling Center of Mercer County ($8.0m), New Horizons of Northwest Florida Inc ($8.0m) and United Cerebral Palsy of Rhode Island Inc ($8.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $193k (2.4% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $5.8m against liabilities of $1.2m, net assets of $4.5m. It reported 139 employees.