Oconomowoc Food Pantry Inc

Analysis

Oconomowoc Food Pantry Inc is a registered charity in United States, based in Oconomowoc, WI. It received its IRS tax-exemption ruling in September 1984, 42 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, Oconomowoc Food Pantry Inc reported income of $298k and spending of $416k, spending 140% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $425k to $298k (-30%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 45%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oconomowoc Food Pantry Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within WI. Charities of a similar size with the same main cause include Golden Connections Community Center Inc ($298k), Women and Children Health Initiatives ($298k) and McFarland Spartan Sharks Inc ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $575k against liabilities of $0, net assets of $575k.