H O L I E of Waukesha Inc

Analysis

H O L I E of Waukesha Inc is a registered charity in United States, based in Mequon, WI. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 April 2024, H O L I E of Waukesha Inc reported income of $181k and spending of $221k, spending 122% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $144k to $181k (+26%), an average of +5.8% a year. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, H O L I E of Waukesha Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within WI. Charities of a similar size with the same main cause include Northwest Housing Initiative Inc ($181k), Waynedale Apartments Inc ($181k) and Lincoln Road Benevolent Corporation ($181k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $364k against liabilities of $1.2m, net assets of -$845k.

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.