Community Foundation of Southern Wisconsin Inc

Analysis

Community Foundation of Southern Wisconsin Inc is a registered charity in United States, based in Janesville, WI. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Community Foundation of Southern Wisconsin Inc reported income of $8.8m and spending of $5.4m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.3m to $8.8m (+5.9%), an average of +1.4% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 55% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of Southern Wisconsin Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Hills Bank Donor Advised Gift Fund ($8.8m), Soi Dog ($8.8m) and United Way of Northern New Jersey Inc ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $138k (2.5% of expenses). Other salaries and wages came to $379k. At year end it held assets of $81.8m against liabilities of $6.4m, net assets of $75.4m. It reported 13 employees.