Family Services of Southern Wisconsin & Northern Illinois Inc

Analysis

Family Services of Southern Wisconsin & Northern Illinois Inc is a registered charity in United States, based in Beloit, WI. It received its IRS tax-exemption ruling in May 1940, 86 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Family Services of Southern Wisconsin & Northern Illinois Inc reported income of $3.1m and spending of $3.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.1m (+76%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 34%. 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, Family Services of Southern Wisconsin & Northern Illinois Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Sheep Dog Impact Assistance ($3.1m), Wapakoneta Family YMCA ($3.1m) and Comfort Zone Camp Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $226k (7.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.5m against liabilities of $427k, net assets of $3.1m. It reported 44 employees.