Grad Cincinnati Inc

Analysis

Grad Cincinnati Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Grad Cincinnati Inc reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $981k to $1.5m (+55%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grad Cincinnati Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Mapsa Foundation ($1.5m), Ames Free Library of Easton Inc ($1.5m) and Working in the Schools ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $117k (7.8% of expenses). Other salaries and wages came to $943k. At year end it held assets of $574k against liabilities of $44k, net assets of $530k. It reported 25 employees.