Oconomowoc Scholarship Fund

Analysis

Oconomowoc Scholarship Fund is a registered charity in United States, based in Oconomowoc, WI. It received its IRS tax-exemption ruling in November 1958, 68 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 June 2024, Oconomowoc Scholarship Fund reported income of $246k and spending of $198k, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $166k to $246k (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oconomowoc Scholarship Fund sits at the 56th percentile: it is larger than about 56% 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 Clallam County Pro Bono Lawyers ($246k), No Longer Bound ($246k) and Nami Gulf Coast ($246k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.