Cincinnati Recycling and Reuse Hub

Analysis

Cincinnati Recycling and Reuse Hub is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Cincinnati Recycling and Reuse Hub reported income of $526k and spending of $501k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $215k to $526k (+144%), an average of +56% a year. The sharpest change came in the year to December 2022, when income rose by 117%. Over the whole period it spent 69% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Cincinnati Recycling and Reuse Hub sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Lake Champlain International Inc ($526k), Boothbay Region Maritime Foundation ($526k) and Global Ocean Health ($526k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $84k (17% of expenses). Other salaries and wages came to $170k. At year end it held assets of $402k against liabilities of $9,845, net assets of $392k. It reported 12 employees.