Waicu Educational Technology Consortium Inc

Analysis

Waicu Educational Technology Consortium Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Waicu Educational Technology Consortium Inc reported income of $1.8m and spending of $1.5m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.8m (+55%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Waicu Educational Technology Consortium Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Groundwork Hudson Valley Inc ($1.8m), Community Roots Holding Foundation ($1.8m) and Monumental Sports & Entertainment Foundation ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.8m against liabilities of $78k, net assets of $1.7m.