Community Foundation of North Central Wisconsin Inc

Analysis

Community Foundation of North Central Wisconsin Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in May 1987, 39 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 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, Community Foundation of North Central Wisconsin Inc reported income of $12.0m and spending of $10.1m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.5m to $12.0m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of North Central Wisconsin Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Troy Foundation ($12.0m), Chautauqua Region Community Foundation Inc ($12.0m) and Friendship Foundation ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $301k (3.0% of expenses). Other salaries and wages came to $380k. At year end it held assets of $81.7m against liabilities of $6.8m, net assets of $74.9m. It reported 8 employees.