South Wood County Recreation Inc

Analysis

South Wood County Recreation Inc is a registered charity in United States, based in Wisc Rapids, WI. It received its IRS tax-exemption ruling in July 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, South Wood County Recreation Inc reported income of $307k and spending of $310k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $326k to $307k (-5.9%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, South Wood County Recreation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within WI. Charities of a similar size with the same main cause include Hebron Lions Charities Inc ($307k), Impact 100 NYC Inc ($307k) and National Charity League Inc ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $1,000 (0.3% of expenses). Other salaries and wages came to $73k. At year end it held assets of $928k against liabilities of $111k, net assets of $818k. It reported 6 employees.