Cincinnati USA Sports Commission

Analysis

Cincinnati USA Sports Commission is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 1989, 37 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2020, Cincinnati USA Sports Commission reported income of $62k and spending of $101k, spending 164% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $250k to $62k (-75%), an average of -75% a year. The sharpest change came in the year to December 2020, when income dropped by 75%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cincinnati USA Sports Commission sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Rolling Thunder Volleyball Club Inc ($62k), Sockibomb Foundation ($62k) and Seashellsyachtclub Inc NFP ($62k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (69% of expenses). At year end it held assets of $34k against liabilities of $5,011, net assets of $29k.