Ofc Properties Inc

Analysis

Ofc Properties Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Ofc Properties Inc reported income of $699k and spending of $624k, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $781k to $699k (-10%), an average of -2.2% a year. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ofc Properties Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NE. Charities of a similar size with the same main cause include Newton Trails Inc ($699k), Nola Soccer Academy ($699k) and Lexington County Soccer Club ($699k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. Other salaries and wages came to $217k. At year end it held assets of $2.6m against liabilities of $792k, net assets of $1.8m. It reported 16 employees.