Couleecap Inc

Analysis

Couleecap Inc is a registered charity in United States, based in Westby, WI. It received its IRS tax-exemption ruling in August 1966, 60 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable 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 December 2023, Couleecap Inc reported income of $12.0m and spending of $10.4m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.1m to $12.0m (+48%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Couleecap Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Bridging Incorporated ($12.0m), Tri-County Council for Child Development ($12.0m) and Hospice of Huntington Inc ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $274k (2.6% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $20.2m against liabilities of $12.1m, net assets of $8.0m. It reported 78 employees.