Community Shares of Wisconsin Inc

Analysis

Community Shares of Wisconsin Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in August 1975, 51 years ago. 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, Community Shares of Wisconsin Inc reported income of $1.8m and spending of $1.9m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.8m (-1.9%), an average of -0.5% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Shares of Wisconsin Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Hue Quang Buddhist Cultural Center ($1.8m), A Better Wisconsin Together Institute Inc ($1.8m) and Big Spring YMCA ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $107k (5.6% of expenses). Other salaries and wages came to $384k. At year end it held assets of $1.4m against liabilities of $593k, net assets of $831k. It reported 8 employees.