Onalaska Enhancement Foundation Inc

Analysis

Onalaska Enhancement Foundation Inc is a registered charity in United States, based in Onalaska, WI. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2024, Onalaska Enhancement Foundation Inc reported income of $291k and spending of $167k, leaving 43% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $89k to $291k (+226%), an average of +34% a year. The sharpest change came in the year to May 2023, when income rose by 115%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Onalaska Enhancement Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within WI. Charities of a similar size with the same main cause include Tampa Bay Area Credit Unions for Kids Inc ($291k), Laurel Lake Retirement Community Foundation Inc ($292k) and Eaglebank Foundation Inc ($291k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 79% and program service revenue 20% of the total. At year end it held assets of $270k against liabilities of $0, net assets of $270k.