Wisconsin Center for Education Products and Services Wceps Inc

Analysis

Wisconsin Center for Education Products and Services Wceps Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in February 2012, 14 years ago. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wisconsin Center for Education Products and Services Wceps Inc reported income of $2.3m and spending of $2.3m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $2.3m (+63%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wisconsin Center for Education Products and Services Wceps 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 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Miracle Farm Inc ($2.3m), Second Presbyterian Church Preschool Inc ($2.3m) and Ogontz Avenue Revitalization Corp ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 23% of the total. Compensation of current officers, directors and key employees was $216k (9.3% of expenses). Other salaries and wages came to $852k. At year end it held assets of $2.3m against liabilities of $1.1m, net assets of $1.2m.