Wausau School Foundation Inc

Analysis

Wausau School Foundation Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Wausau School Foundation Inc reported income of $456k and spending of $150k, leaving 67% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $284k to $456k (+61%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 449%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wausau School Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include Three Oclock Project ($456k), The Democracy Council of California ($456k) and JS Bryant School Inc ($456k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $19k (12% of expenses). Other salaries and wages came to $11k. At year end it held assets of $666k against liabilities of $67k, net assets of $599k. It reported 1 employees.