Offutt Officers Spouses Club Charitable Association Inc

Analysis

Offutt Officers Spouses Club Charitable Association Inc is a registered charity in United States, based in Offutt Afb, NE. It received its IRS tax-exemption ruling in January 1984, 42 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Offutt Officers Spouses Club Charitable Association Inc reported income of $226k and spending of $213k, spending 94% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $207k to $226k (+9.4%), an average of +9.4% a year. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Offutt Officers Spouses Club Charitable Association Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within NE. Charities of a similar size with the same main cause include Junior League of Abilene Inc ($226k), Greater New Braunfels Economic Development Foundation ($226k) and Midtown Elizabeth District Management Corporation Inc ($226k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 44% and program service revenue 56% of the total. Other salaries and wages came to $24k. At year end it held assets of $111k against liabilities of $7,580, net assets of $103k. It reported 5 employees.