Housing Ministries of American Baptists in Wisconsin Corporation

Analysis

Housing Ministries of American Baptists in Wisconsin Corporation is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Housing Ministries of American Baptists in Wisconsin Corporation reported income of $366k and spending of $250k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $366k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 72% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Ministries of American Baptists in Wisconsin Corporation 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 65th percentile, and in the 65th percentile within WI. Charities of a similar size with the same main cause include Resilient Place ($366k), Veterans Villages Inc ($366k) and Step Forward Communities Inc ($365k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 77% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.