Community Economic Advancement Initiative Inc

Analysis

Community Economic Advancement Initiative Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Community Economic Advancement Initiative Inc reported income of $359k and spending of $301k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $248k to $359k (+45%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 193%. Over the whole period it spent 75% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Community Economic Advancement Initiative Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Inner Banks Legal Services Inc ($359k), Triple Twelve Ministries Inc ($359k) and Law Enforcement Drone Association ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $100k (33% of expenses). Other salaries and wages came to $56k. At year end it held assets of $702k against liabilities of $155k, net assets of $546k. It reported 2 employees.