Cincinnati Works Inc

Analysis

Cincinnati Works Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 1999, 27 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, Cincinnati Works Inc reported income of $5.3m and spending of $4.7m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $5.3m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cincinnati Works Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Young Mens Christian Association of Pueblo Colo ($5.3m), Committed to Healthy Meals Food Program Inc ($5.3m) and Salem Mission Inc ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $313k (6.7% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $6.3m against liabilities of $742k, net assets of $5.6m. It reported 61 employees.