Covered Greater Cincinnati

Analysis

Covered Greater Cincinnati is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in October 2015, 11 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 December 2023, Covered Greater Cincinnati reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $686k to $1.2m (+73%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Covered Greater Cincinnati sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Angelina County Senior Citizens Activities Inc ($1.2m), Jackson County Commission on Aging Inc ($1.2m) and Good Samaritan Family Services ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $94k (8.5% of expenses). Other salaries and wages came to $212k. At year end it held assets of $872k against liabilities of $0, net assets of $872k. It reported 7 employees.