Southwest Wisconsin Technical College Foundation Inc

Analysis

Southwest Wisconsin Technical College Foundation Inc is a registered charity in United States, based in Fennimore, WI. It received its IRS tax-exemption ruling in June 1981, 45 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 June 2023, Southwest Wisconsin Technical College Foundation Inc reported income of $1.2m and spending of $1.1m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.2m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to June 2021, when income rose by 155%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest Wisconsin Technical College Foundation Inc sits at the 80th percentile: it is larger than about 80% 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 Fort Mill Rescue Squad ($1.2m), Houston Volunteer Fire Company ($1.2m) and Pima County Junior Livestock Sales Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 0.1% of the total. At year end it held assets of $7.6m against liabilities of $3,806, net assets of $7.6m.