Uwm Research Foundation Inc

Analysis

Uwm Research Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Uwm Research Foundation Inc reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.2m (-4.3%), an average of -1.1% a year. The sharpest change came in the year to June 2023, when income rose by 62%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Uwm Research Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within WI. Charities of a similar size with the same main cause include Kaccoc Foundation ($1.2m), Racine-Kenosha Plumbers & Steam- Fitters Education Fund ($1.2m) and Global Innovation Districts Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 29% of the total. At year end it held assets of $4.0m against liabilities of $150k, net assets of $3.8m.