Oneida County Economic Development Corp

Analysis

Oneida County Economic Development Corp is a registered charity in United States, based in Rhinelander, WI. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Oneida County Economic Development Corp reported income of $204k and spending of $182k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $177k to $204k (+15%), an average of +15% a year. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Oneida County Economic Development Corp sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within WI. Charities of a similar size with the same main cause include Treasures 4 Educators Inc ($204k), Greater Marion Community Area New Development Organization Inc ($204k) and Community Solutions of the Emerald Coast ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $128k. At year end it held assets of $330k against liabilities of $25k, net assets of $305k. It reported 2 employees.