Milwaukee Careers Cooperative

Analysis

Milwaukee Careers Cooperative is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in June 1989, 37 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 2023, Milwaukee Careers Cooperative reported income of $701k and spending of $599k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $602k to $701k (+16%), an average of +3.9% a year. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Milwaukee Careers Cooperative sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within WI. Charities of a similar size with the same main cause include Yeshivath Shaar Hashamaim of Jerusalem Inc ($701k), Northeast Historic Film ($701k) and San Diego Dance Theater ($701k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $69k (12% of expenses). Other salaries and wages came to $216k. At year end it held assets of $454k against liabilities of $83k, net assets of $371k. It reported 20 employees.