Special Olympics Wisconsin Inc

Analysis

Special Olympics Wisconsin Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in June 1982, 44 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Wisconsin Inc reported income of $5.0m and spending of $5.3m, spending 106% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $4.7m to $5.0m (+5.7%), an average of +1.1% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Special Olympics Wisconsin Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Ultimate Players Association ($5.0m), Community Integrated Support Services Inc ($5.0m) and Oregon School Activities Association ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $325k (6.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $9.6m against liabilities of $2.0m, net assets of $7.6m. It reported 49 employees.