Wordplay Cincy

Analysis

Wordplay Cincy is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 2012, 14 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 July 2023, Wordplay Cincy reported income of $363k and spending of $570k, spending 157% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income fell from $532k to $363k (-32%), an average of -12% a year. The sharpest change came in the year to July 2023, when income dropped by 49%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wordplay Cincy sits at the 64th percentile: it is larger than about 64% 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 Project Education Plus ($363k), Lead Education Group Inc ($363k) and Newport Harbor High School Cheer Club ($363k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 83% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $41k (7.3% of expenses). Other salaries and wages came to $318k. At year end it held assets of $1.6m against liabilities of $306k, net assets of $1.3m. It reported 8 employees.