Bizstarts Milwaukee Inc

Analysis

Bizstarts Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Bizstarts Milwaukee Inc reported income of $997k and spending of $985k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $383k to $997k (+160%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bizstarts Milwaukee 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 79th percentile, and in the 80th percentile within WI. Charities of a similar size with the same main cause include Tennessee Valley Robotics ($996k), Lifeways Inc ($997k) and Maryland 4-H Foundation Inc ($995k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $151k (15% of expenses). Other salaries and wages came to $194k. At year end it held assets of $654k against liabilities of $110k, net assets of $544k. It reported 19 employees.