Education Foundation of Wauwatosa Inc

Analysis

Education Foundation of Wauwatosa Inc is a registered charity in United States, based in Wauwatosa, WI. It received its IRS tax-exemption ruling in December 2010, 16 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 December 2023, Education Foundation of Wauwatosa Inc reported income of $99k and spending of $106k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $99k (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2020, when income rose by 103%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Education Foundation of Wauwatosa Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within WI. Charities of a similar size with the same main cause include Paws of Dale Hollow ($99k), Seattle Association for Jews with Disabilites Supporting Foundation ($99k) and International Christian Braille Mission Inc ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $13k (12% of expenses). At year end it held assets of $928k against liabilities of $148, net assets of $928k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.