Over the Rhine Community Housing

Analysis

Over the Rhine Community Housing is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Over the Rhine Community Housing reported income of $7.8m and spending of $8.9m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.3m to $7.8m (+6.6%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Over the Rhine Community Housing sits at the 94th percentile: it is larger than about 94% 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 PHW Oconomowoc Inc ($7.8m), Ridge Oak Inc ($7.8m) and Eastview at Middlebury ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $139k (1.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $28.9m against liabilities of $14.4m, net assets of $14.5m. It reported 58 employees.