Milwaukee Chinese Community Centerinc
Analysis
Milwaukee Chinese Community Centerinc is a registered charity in United States, based in Brookfield, WI. It received its IRS tax-exemption ruling in December 2006, 20 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 June 2023, Milwaukee Chinese Community Centerinc reported income of $223k and spending of $202k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $274k to $223k (-18%), an average of -4.9% a year. The sharpest change came in the year to June 2023, when income rose by 173%. Over the whole period it spent 79% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Milwaukee Chinese Community Centerinc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include Families Feeding Hope Foundation ($223k), Chance of Change ($223k) and Concerts for a Cause Inc ($223k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.5% and program service revenue 90% of the total. Other salaries and wages came to $50k. At year end it held assets of $589k against liabilities of $0, net assets of $589k. It reported 31 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.5%
- Program services 90%
- Other 7.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Families Feeding Hope Foundation | Durant | $223k |
| Chance of Change | College Park | $223k |
| Concerts for a Cause Inc | Carmel | $223k |
| East Wake Education Foundation | Wendell | $223k |