Cream City Foundation Inc

Analysis

Cream City Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in October 1983, 43 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cream City Foundation Inc reported income of $218k and spending of $167k, leaving 24% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $312k to $218k (-30%), an average of -6.9% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cream City Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within WI. Charities of a similar size with the same main cause include Grand Traverse Pavilions Foundation Inc ($218k), Charity Fair Horse Show ($218k) and Cruise for a Cause Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $13k. At year end it held assets of $348k against liabilities of $2, net assets of $348k. It reported 1 employees.