Womens Fund of Greater Milwaukee Inc

Analysis

Womens Fund of Greater Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Womens Fund of Greater Milwaukee Inc reported income of $373k and spending of $560k, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $373k (+1.9%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Womens Fund of Greater Milwaukee Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within WI. Charities of a similar size with the same main cause include Butler Meals on Wheels Inc ($373k), New Life Ministries - Indiana Inc ($373k) and Percy Priest Extended Day Program Inc ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $134k (24% of expenses). Other salaries and wages came to $32k. At year end it held assets of $3.5m against liabilities of $176k, net assets of $3.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.