Tempo Milwaukee Foundation Inc

Analysis

Tempo Milwaukee Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2023, Tempo Milwaukee Foundation Inc reported income of $189k and spending of $176k, spending 93% of its income. Across the 2 years on record, from April 2022 to April 2023, income grew from $104k to $189k (+82%), an average of +82% a year. The sharpest change came in the year to April 2023, when income rose by 82%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tempo Milwaukee Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include Americans for the Competitive Enterprise System Inc of Western P ($189k), Prince Georges Leadership Action Network Inc ($189k) and China Evangelical Seminary Association Inc ($189k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 91% and program service revenue 6.3% of the total. At year end it held assets of $306k against liabilities of $52k, net assets of $254k.