Wisconsin Restaurant Association Education Foundation Inc

Analysis

Wisconsin Restaurant Association Education Foundation Inc is a registered charity in United States, based in Fitchburg, WI. It received its IRS tax-exemption ruling in November 1987, 39 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wisconsin Restaurant Association Education Foundation Inc reported income of $897k and spending of $810k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $806k to $897k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wisconsin Restaurant Association Education Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Alpha Kappa Alpha Sorority Epsilon Pi Omega Chapter DCC Inc ($897k), Family Services of Warren County Inc ($897k) and Bendnext ($896k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 61% of the total. At year end it held assets of $1.6m against liabilities of $557k, net assets of $993k.