Special Olympics Wyoming Inc

Analysis

Special Olympics Wyoming Inc is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in April 1975, 51 years ago. 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, Special Olympics Wyoming Inc reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Special Olympics Wyoming Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within WY. Charities of a similar size with the same main cause include Acrmd Community Mental Retardation Services Inc ($1.4m), National Hispanic Media Coalition ($1.4m) and Bigs & Littles NYC Mentoring Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $94k (6.8% of expenses). Other salaries and wages came to $317k. At year end it held assets of $757k against liabilities of $60k, net assets of $697k. It reported 17 employees.