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Community Resource Center Inc

RegisteredEIN 31-1364553Cincinnati, OHPoverty relief
Income$673k2023-12
Spending$720ksame year
Spent / received104%6-year average
Size in its cause69th pctPoverty relief
Exempt since1994Publicly supported organisat
Employees16latest return

Analysis

Community Resource Center Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Community Resource Center Inc reported income of $673k and spending of $720k, spending 107% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $603k to $673k (+12%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Resource Center Inc sits at the 69th percentile: it is larger than about 69% 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 The@foundation for Community Development and Empowerment ($673k), Vermont Professionals of Color Network ($673k) and Maurice Kirby Child Care Center ($673k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $76k (11% of expenses). Other salaries and wages came to $282k. At year end it held assets of $388k against liabilities of $114k, net assets of $275k. It reported 16 employees.

Income and spending

$0$191k$382k$573k$764k2018 Income: $602,9482018 Spending: $688,71620182019 Income: $660,2342019 Spending: $647,44020192020 Income: $524,1182020 Spending: $643,03220202021 Income: $764,3252021 Spending: $610,23720212022 Income: $583,3182022 Spending: $642,75920222023 Income: $672,9792023 Spending: $719,8762023
IncomeSpending

Where the income comes from

  • Contributions & grants 43%
  • Program services 54%
  • Other 2.8%

Similar-sized charities, same cause

CharityLocationIncome
The@foundation for Community Development and EmpowermentKetchum$673k
Vermont Professionals of Color NetworkBurlington$673k
Maurice Kirby Child Care CenterChattanooga$673k
Cacfp Assistance & Childcare Business Consulting IncOak Ridge$673k