Oconto County Commission on Aging Inc

Analysis

Oconto County Commission on Aging Inc is a registered charity in United States, based in Oconto, WI. It received its IRS tax-exemption ruling in December 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Oconto County Commission on Aging Inc reported income of $674k and spending of $745k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $607k to $674k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oconto County Commission on Aging Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within WI. Charities of a similar size with the same main cause include Candy Apple Pre School Center Inc ($673k), Community Cooperative Preschool Inc ($674k) and Home of Life Community Development Corporation ($673k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $73k (9.8% of expenses). Other salaries and wages came to $245k. At year end it held assets of $232k against liabilities of $134k, net assets of $98k. It reported 28 employees.