Oconomowoc Silver Streak Inc

Analysis

Oconomowoc Silver Streak Inc is a registered charity in United States, based in Oconomowoc, WI. It received its IRS tax-exemption ruling in October 1991, 35 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, Oconomowoc Silver Streak Inc reported income of $246k and spending of $193k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $201k to $246k (+23%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oconomowoc Silver Streak Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within WI. Charities of a similar size with the same main cause include Susans Sonshine Centers ($246k), Heritage Event and Arts Center Inc ($246k) and First Choice Pregnancy Services ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 41% of the total. Other salaries and wages came to $101k. At year end it held assets of $273k against liabilities of $0, net assets of $273k. It reported 17 employees.