Wisconsin Partnership for Housing Development Inc

Analysis

Wisconsin Partnership for Housing Development Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Wisconsin Partnership for Housing Development Inc reported income of $1.7m and spending of $1.9m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.7m (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2020, when income dropped by 61%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wisconsin Partnership for Housing Development 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 84th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Indy Pride Inc ($1.7m), Nine 13 Inc ($1.7m) and Edina Hockey Association ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $106k (5.6% of expenses). Other salaries and wages came to $238k. At year end it held assets of $13.8m against liabilities of $11.7m, net assets of $2.1m. It reported 4 employees.