Mortar Cincinnati

Analysis

Mortar Cincinnati is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Mortar Cincinnati reported income of $1.4m and spending of $1.5m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $825k to $1.4m (+64%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 179%. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mortar Cincinnati sits at the 81st percentile: it is larger than about 81% 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 Sheet Metal Workers Local Union 33 Cleveland District Joint ($1.4m), Community Action Program Legal Services Inc ($1.4m) and Northeast Transportation Training and Certification Program Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $193k (13% of expenses). Other salaries and wages came to $560k. At year end it held assets of $4.3m against liabilities of $225k, net assets of $4.1m. It reported 11 employees.