Family Sharing of Ozaukee Co Inc

Analysis

Family Sharing of Ozaukee Co Inc is a registered charity in United States, based in Grafton, WI. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover food, agriculture and nutrition, 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 October 2023, Family Sharing of Ozaukee Co Inc reported income of $2.6m and spending of $2.4m, spending 90% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.4m to $2.6m (+91%), an average of +18% a year. The sharpest change came in the year to October 2022, when income rose by 40%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Sharing of Ozaukee Co Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Community Development Center ($2.6m), Rose Centers for Aging Well LLC ($2.6m) and Enterprise Zone Education and Training Center Corporation ($2.6m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $116k (4.9% of expenses). Other salaries and wages came to $365k. At year end it held assets of $3.1m against liabilities of $123k, net assets of $3.0m. It reported 22 employees.