Wisconsin Womens Business Initiative Corporation

Analysis

Wisconsin Womens Business Initiative Corporation is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 1988, 38 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 December 2023, Wisconsin Womens Business Initiative Corporation reported income of $15.6m and spending of $13.4m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.8m to $15.6m (+77%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wisconsin Womens Business Initiative Corporation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Clara Martin Center Inc ($15.5m), Warren County Community Services Inc ($15.6m) and Child Care Choices Inc ($15.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $379k (2.8% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $45.8m against liabilities of $33.2m, net assets of $12.6m. It reported 77 employees.