Friends of the Oshkosh Seniors Center Inc

Analysis

Friends of the Oshkosh Seniors Center Inc is a registered charity in United States, based in Oshkosh, WI. It received its IRS tax-exemption ruling in June 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Oshkosh Seniors Center Inc reported income of $100k and spending of $97k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $100k (+5.3%), an average of +1.3% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Oshkosh Seniors Center Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within WI. Charities of a similar size with the same main cause include Manifest Magic Black Girl Cooperative ($100k), Friends of the Litchfield Community Greenway Inc ($100k) and Scottsboro-Jackson County Rescue Squad Inc ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $204k against liabilities of $18k, net assets of $187k.