Omro Area Community Center
Analysis
Omro Area Community Center is a registered charity in United States, based in Omro, WI. It received its IRS tax-exemption ruling in July 1995, 31 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, Omro Area Community Center reported income of $347k and spending of $54k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $347k (+352%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 583%. Over the whole period it spent 63% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Omro Area Community Center sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within WI. Charities of a similar size with the same main cause include Silver Triangle Main Street Corporation ($347k), Model Alliance ($347k) and Kendallville Restorations Inc ($346k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $15k (27% of expenses). Other salaries and wages came to $5,406. At year end it held assets of $534k against liabilities of $208k, net assets of $326k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 1.0%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Silver Triangle Main Street Corporation | Guthrie | $347k |
| Model Alliance | New York | $347k |
| Kendallville Restorations Inc | Kendallville | $346k |
| Eastern Market Development Corporation | Detroit | $347k |