Menomonee Valley Partners Inc

Analysis

Menomonee Valley Partners Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Menomonee Valley Partners Inc reported income of $420k and spending of $471k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $501k to $420k (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Menomonee Valley Partners Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Asa Education Foundation Inc ($420k), Jasper County Economic Development Organization Inc ($421k) and Laurel Main Street Inc ($420k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $106k (23% of expenses). Other salaries and wages came to $189k. At year end it held assets of $1.3m against liabilities of $24k, net assets of $1.3m. It reported 5 employees.