Wels Bargain Center Inc

Analysis

Wels Bargain Center Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wels Bargain Center Inc reported income of $155k and spending of $151k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $155k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wels Bargain Center Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include Laredo Immigrant Alliance ($155k), Bridging the Gap Project Inc ($155k) and Castaneda Kids Foundation ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.