Neighborhood House of Milwaukee Inc

Analysis

Neighborhood House of Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 1950, 76 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 June 2024, Neighborhood House of Milwaukee Inc reported income of $2.4m and spending of $3.0m, spending 124% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.4m to $2.4m (+0.9%), an average of +0.2% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighborhood House of Milwaukee Inc sits at the 85th percentile: it is larger than about 85% 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 Heart for Winter Haven ($2.4m), Engstrom Services Inc ($2.4m) and Adoptions with Love Inc ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $230k (7.7% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.0m against liabilities of $240k, net assets of $2.7m. It reported 83 employees.