Wisconsin Technical College System Foundation Inc

Analysis

Wisconsin Technical College System Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Wisconsin Technical College System Foundation Inc reported income of $2.1m and spending of $1.7m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.1m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wisconsin Technical College System Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include Richmond Hebrew Day School ($2.1m), University of Memphis Researchfoundation ($2.1m) and Friends of Elm Community Charter School Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $219k (13% of expenses). Other salaries and wages came to $895k. At year end it held assets of $7.2m against liabilities of $588k, net assets of $6.6m. It reported 10 employees.