Community Matters Cincinnati Inc

Analysis

Community Matters Cincinnati Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Community Matters Cincinnati Inc reported income of $1.3m and spending of $1.8m, spending 137% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $656k to $1.3m (+96%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 76%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Matters Cincinnati Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Equation Collaborative Corp ($1.3m), Metcalfe Park Community Bridges Inc ($1.3m) and Community Students Learning Center ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $176k (10% of expenses). Other salaries and wages came to $774k. At year end it held assets of $3.8m against liabilities of $48k, net assets of $3.8m. It reported 29 employees.