Layton Boulevard West Neighbors Inc

Analysis

Layton Boulevard West Neighbors Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 1946, 80 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, Layton Boulevard West Neighbors Inc reported income of $2.5m and spending of $2.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.5m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Layton Boulevard West Neighbors Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Crisis Center of West Texas ($2.5m), Alpha Omega Clinic and Consultation ($2.5m) and Boy Scouts of America ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $93k (3.8% of expenses). Other salaries and wages came to $533k. At year end it held assets of $4.6m against liabilities of $1.6m, net assets of $3.0m. It reported 13 employees.