Waupaca Thrift Ltd

Analysis

Waupaca Thrift Ltd is a registered charity in United States, based in Waupaca, WI. It received its IRS tax-exemption ruling in April 1986, 40 years ago. 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 2024, Waupaca Thrift Ltd reported income of $96k and spending of $79k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $88k to $96k (+9.8%), an average of +9.8% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waupaca Thrift Ltd sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within WI. Charities of a similar size with the same main cause include Rotary Club of York Maine Charitable Foundation ($96k), Rising Star Missionary Baptist Church 4 ($96k) and Club 808 ($96k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.6% of the total. At year end it held assets of $191k against liabilities of $1,203, net assets of $190k.