Corale B Workum TR Uw Decd

Analysis

Corale B Workum TR Uw Decd is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in October 1976, 50 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Corale B Workum TR Uw Decd reported income of $174k and spending of $305k, spending 176% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $255k to $174k (-32%), an average of -9.1% a year. The sharpest change came in the year to March 2022, when income rose by 243%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Corale B Workum TR Uw Decd sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within OH. Charities of a similar size with the same main cause include The Malibu Community Labor Exchange ($174k), Ferguson Volunteer Fire Dept ($174k) and Wat Dhammagunaram of Utah ($174k).

Compensation of current officers, directors and key employees was $57k (19% of expenses). At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.