Community Foundation of Central Wisconsin Inc

Analysis

Community Foundation of Central Wisconsin Inc is a registered charity in United States, based in Stevens Point, WI. It received its IRS tax-exemption ruling in October 1983, 43 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Community Foundation of Central Wisconsin Inc reported income of $5.1m and spending of $2.9m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $5.1m (+108%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 124%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of Central Wisconsin Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Buhl Regional Health Foundation ($5.1m), Johnson County Community Foundation Inc ($5.1m) and Morrison & Foerster Foundation ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $103k (3.6% of expenses). Other salaries and wages came to $198k. At year end it held assets of $33.4m against liabilities of $3.0m, net assets of $30.5m. It reported 8 employees.