Altrusa International Foundation Inc

Analysis

Altrusa International Foundation Inc is a registered charity in United States, based in De Pere, WI. It received its IRS tax-exemption ruling in December 1985, 41 years ago. 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 May 2023, Altrusa International Foundation Inc reported income of $191k and spending of $1.5m, spending 801% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $240k to $191k (-20%), an average of -7.4% a year. The sharpest change came in the year to May 2021, when income rose by 128%. Over the whole period it spent 153% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Altrusa International Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include Dermatology Foundation of South Florida ($191k), Art Association of Henry County Inc ($191k) and Audrain County Historical Society ($191k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 86% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $73k (4.7% of expenses). Other salaries and wages came to $49k. At year end it held assets of $859k against liabilities of $0, net assets of $859k. It reported 6 employees.