The Burke Foundation Inc

Analysis

The Burke Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in December 1995, 31 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Burke Foundation Inc reported income of $1.9m and spending of $5.1m, spending 260% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.4m to $1.9m (-55%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 173% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Burke Foundation 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 86th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include The Cart Fund Inc ($1.9m), Northern Santa Barbara County United Way Inc ($1.9m) and Hospice Foundation of Acadiana ($1.9m).

Compensation of current officers, directors and key employees was $160k (3.2% of expenses). Other salaries and wages came to $81k. At year end it held assets of $108.2m against liabilities of $8,096, net assets of $108.2m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.