Ohio Valley United Charities Inc

Analysis

Ohio Valley United Charities Inc is a registered charity in United States, based in Carrollton, KY. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ohio Valley United Charities Inc reported income of $241k and spending of $247k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $278k to $241k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ohio Valley United Charities Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within KY. Charities of a similar size with the same main cause include Michelle Lynn Holsey Foundation ($241k), Welcome Back Foundation ($241k) and Search Foundation ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $152k against liabilities of $2, net assets of $152k.