Milwaukee Area Technical College Foundation Inc

Analysis

Milwaukee Area Technical College Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in December 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Milwaukee Area Technical College Foundation Inc reported income of $15.4m and spending of $12.6m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.3m to $15.4m (+66%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milwaukee Area Technical College Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Stratford Academy Inc ($15.4m), Texas Institute of Graduate Medical Education and Research ($15.4m) and Saint Johns School ($15.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $38.5m against liabilities of $476k, net assets of $38.1m.