Focus Cincinnati Inc

Analysis

Focus Cincinnati Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, 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, Focus Cincinnati Inc reported income of $156k and spending of $129k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $156k (+168%), an average of +168% a year. The sharpest change came in the year to December 2023, when income rose by 168%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Focus Cincinnati Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Heroes for Healthcare Inc ($156k), Mount Airy Downtown ($156k) and Greater Bridgman Area Chamber of Commerce and Growth Alliance ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% and program service revenue 90% of the total. Other salaries and wages came to $12k. At year end it held assets of $40k against liabilities of $4,326, net assets of $35k. It reported 1 employees.