The Northern Cincinnati Foundation

Analysis

The Northern Cincinnati Foundation is a registered charity in United States, based in West Chester, OH. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Northern Cincinnati Foundation reported income of $3.4m and spending of $2.1m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $3.4m (+7.6%), an average of +1.9% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Northern Cincinnati Foundation 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 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include The Mary Kay Foundation ($3.4m), Association for Enterprise Opportunity Inc ($3.4m) and North Carolina State University College of Sciences Foundation Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $258k (12% of expenses). At year end it held assets of $24.9m against liabilities of $0, net assets of $24.9m. It reported 3 employees.