Benedictine Life Foundation of Wisconsin Inc
Analysis
Benedictine Life Foundation of Wisconsin Inc is a registered charity in United States, based in Middleton, WI. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Benedictine Life Foundation of Wisconsin Inc reported income of $881k and spending of $710k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $604k to $881k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 104% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Benedictine Life Foundation of Wisconsin Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Deaconess Faith Community Nurse Ministries ($881k), Christian Friends of Korea Inc ($881k) and New Oil Christian Center ($880k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $215k. At year end it held assets of $741k against liabilities of $193, net assets of $741k.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Deaconess Faith Community Nurse Ministries | Bridgeton | $881k |
| Christian Friends of Korea Inc | Black MTN | $881k |
| New Oil Christian Center | Minneapolis | $880k |
| Hasson Lifestreams Foundation | San Diego | $881k |