Corporation for Findlay Market of Cincinnati

Analysis

Corporation for Findlay Market of Cincinnati is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Corporation for Findlay Market of Cincinnati reported income of $4.2m and spending of $4.7m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $4.2m (+52%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Corporation for Findlay Market of Cincinnati 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 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Chicago Cares Inc ($4.2m), Warriors Inc ($4.2m) and Society of American Foresters ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $113k (2.4% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $3.6m against liabilities of $633k, net assets of $3.0m. It reported 163 employees.