Multicultural Community Services Inc

Analysis

Multicultural Community Services Inc is a registered charity in United States, based in Saukville, WI. It received its IRS tax-exemption ruling in May 1972, 54 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Multicultural Community Services Inc reported income of $710k and spending of $779k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $710k (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2021, when income dropped by 54%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Multicultural Community Services Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within WI. Charities of a similar size with the same main cause include North Star Child Advocacy Center Inc ($710k), Habitat for Humanity International Inc ($711k) and Virgin Islands Olympic Committee Inc ($710k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $110k (14% of expenses). Other salaries and wages came to $449k. At year end it held assets of $876k against liabilities of $320k, net assets of $556k. It reported 22 employees.

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.