Milwaukee Kollel Inc

Analysis

Milwaukee Kollel Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 1990, 36 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 June 2023, Milwaukee Kollel Inc reported income of $511k and spending of $522k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $285k to $511k (+79%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Milwaukee Kollel Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within WI. Charities of a similar size with the same main cause include Turning Point at Sonrise Inc ($511k), Ember Foundation ($511k) and Our Home Christian Ministries Inc ($510k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $439k. It paid $4,335 in professional fundraising fees. At year end it held assets of $732k against liabilities of $244k, net assets of $488k. It reported 4 employees.