Cincinnati Works has provided a value of $35 Million by reducing reliance on social services and increasing incomes and sales tax collections
Cincinnati Works impacts the economy, individual lives, and our social situation as a whole – an impact so significant that aspects can be represented in solid numbers. In 2016, we took measuring this impact a step further and commissioned a study from The University of Cincinnati Economics Center. The big number is $35 million over our 20 years of operation. That is the dollar value Cincinnati Works provided the community through a reduced reliance on social services and increased tax payments among Members who achieved and retained employment with the assistance of our services – a value that continues to compound.
Not included in this number is the reduction of money spent on incarceration. Imprisoning just one inmate costs $25,814 annually. A 2013 UC Economics Center study determined that being a Cincinnati Works Member reduced the probability of a felony indictment by nearly 50 percent.
Click here to read the 2016 University of Cincinnati Economics Center CW Impact Study Results
Click here to read the 2013 University of Cincinnati Economics Center CW Impact Study Results