Wil-Mar Neighborhood Center Inc

Analysis

Wil-Mar Neighborhood Center Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wil-Mar Neighborhood Center Inc reported income of $1.2m and spending of $1.2m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.2m (-41%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wil-Mar Neighborhood Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within WI. Charities of a similar size with the same main cause include St Pius X Early Care and Education Center ($1.2m), Eastern Carolina Payee Services Inc ($1.2m) and On the Rise Community Development Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $92k (7.5% of expenses). Other salaries and wages came to $228k. At year end it held assets of $2.9m against liabilities of $675k, net assets of $2.3m. It reported 28 employees.