Milwaukee Innercity Congregations Allied for Hope Inc

Analysis

Milwaukee Innercity Congregations Allied for Hope Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Milwaukee Innercity Congregations Allied for Hope Inc reported income of $177k and spending of $260k, spending 147% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $274k to $177k (-35%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Milwaukee Innercity Congregations Allied for Hope Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include Renacer En Vida Nueva Inc ($177k), Israel Media Ministries Inc ($177k) and Rooftop US Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $63k (24% of expenses). Other salaries and wages came to $73k. At year end it held assets of $383k against liabilities of $34k, net assets of $349k.