Milwaukee Jr Admirals Inc

Analysis

Milwaukee Jr Admirals Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2023, Milwaukee Jr Admirals Inc reported income of $1.6m and spending of $1.8m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.6m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2021, when income rose by 92%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Milwaukee Jr Admirals 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 84th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include New Jersey Golf Foundation Incorporated ($1.6m), Shadow Creek Soccer Club ($1.6m) and Cape Fear Youth Soccer Assocation Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $164k (9.2% of expenses). Other salaries and wages came to $260k. At year end it held assets of $150k against liabilities of $0, net assets of $150k. It reported 10 employees.