Wisconsin Family Ties Inc
Analysis
Wisconsin Family Ties Inc is a registered charity in United States, based in Verona, WI. It received its IRS tax-exemption ruling in January 1990, 36 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 September 2023, Wisconsin Family Ties Inc reported income of $1.3m and spending of $1.2m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.3m (+20%), an average of +4.6% a year. The sharpest change came in the year to September 2023, when income rose by 26%. Over the whole period it spent 96% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wisconsin Family Ties Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within WI. Charities of a similar size with the same main cause include Access to Independence ($1.3m), Boy Scouts of America ($1.3m) and Hawkins-Thompson Child Development Center Inc ($1.3m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $99k (8.5% of expenses). Other salaries and wages came to $596k. At year end it held assets of $834k against liabilities of $417k, net assets of $417k. It reported 36 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 9.7%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Access to Independence | Ravenna | $1.3m |
| Boy Scouts of America | Tyler | $1.3m |
| Hawkins-Thompson Child Development Center Inc | Tracy | $1.3m |
| National Church Residences of | Columbus | $1.3m |