Westown Association of Milwaukee Inc

Analysis

Westown Association of Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 1989, 37 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Westown Association of Milwaukee Inc reported income of $597k and spending of $545k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $597k (+102%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Westown Association of Milwaukee Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within WI. Charities of a similar size with the same main cause include CLT Impact Investors ($597k), California North Referee Administration ($597k) and Great Reno Balloon Race Inc ($597k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $124k (23% of expenses). Other salaries and wages came to $93k. It paid $2,500 in professional fundraising fees. At year end it held assets of $178k against liabilities of $9,850, net assets of $168k. It reported 7 employees.