Cintrifuse

Analysis

Cintrifuse is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cintrifuse reported income of $4.1m and spending of $4.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $4.1m (+8.1%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 424%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cintrifuse 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 Hopeworks Social Enterprises ($4.1m), Institute for Local Self Reliance Inc ($4.1m) and Nepa Inclusive ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $664k (17% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $10.3m against liabilities of $807k, net assets of $9.5m. It reported 54 employees.