Guest House of Milwaukee Inc

Analysis

Guest House of Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 1986, 40 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Guest House of Milwaukee Inc reported income of $6.5m and spending of $7.4m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.2m to $6.5m (-10%), an average of -2.6% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Guest House of Milwaukee Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Crown Court Properties Ltd ($6.5m), Newton Village Inc ($6.5m) and 90 Sands Housing Development Fund Corporation ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $158k (2.1% of expenses). Other salaries and wages came to $3.0m. It paid $75k in professional fundraising fees. At year end it held assets of $3.7m against liabilities of $2.0m, net assets of $1.8m. It reported 108 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.