Friends of Oconomowoc Parks and Trails Inc

Analysis

Friends of Oconomowoc Parks and Trails Inc is a registered charity in United States, based in Oconomowoc, WI. It received its IRS tax-exemption ruling in June 2021, 5 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 (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, Friends of Oconomowoc Parks and Trails Inc reported income of $329k and spending of $170k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $335k to $329k (-1.9%), an average of -0.9% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 64% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Oconomowoc Parks and Trails Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Weva Inc ($329k), Ohio Mennonite Camp Association ($329k) and Long Beach Shore Aquatics Inc ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $389k against liabilities of $0, net assets of $389k.