Menomonee Falls Scholarship and Educational Foundation

Analysis

Menomonee Falls Scholarship and Educational Foundation is a registered charity in United States, based in Menomonee FLS, WI. It received its IRS tax-exemption ruling in May 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Menomonee Falls Scholarship and Educational Foundation reported income of $72k and spending of $240k, spending 333% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income fell from $516k to $72k (-86%), an average of -48% a year. The sharpest change came in the year to June 2022, when income dropped by 57%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Menomonee Falls Scholarship and Educational Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within WI. Charities of a similar size with the same main cause include Champaign County Arts Council Inc ($72k), Beaver Valley Senior Center Incorporated ($72k) and American Institute of Oral Biology ($72k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% of the total. At year end it held assets of $597k against liabilities of $0, net assets of $597k.