Friends of Oxbow

Analysis

Friends of Oxbow is a registered charity in United States, based in Byron, MN. It received its IRS tax-exemption ruling in February 1983, 43 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 April 2023, Friends of Oxbow reported income of $219k and spending of $533k, spending 244% of what it took in. Across the 2 years on record, from April 2022 to April 2023, income grew from $217k to $219k (+0.7%), an average of +0.7% a year. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Oxbow sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Community Resource Center Inc ($219k), Lancaster-Lebanon County Secondary School Athletic Association ($219k) and Right to Lfe League of So Cal Group Return ($219k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 94% of the total. It paid $4,362 in professional fundraising fees. At year end it held assets of $142k against liabilities of $0, net assets of $142k.