Gathering of Southeast Wisconsin Inc

Analysis

Gathering of Southeast Wisconsin Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Gathering of Southeast Wisconsin Inc reported income of $1.1m and spending of $958k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $742k to $1.1m (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gathering of Southeast Wisconsin Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within WI. Charities of a similar size with the same main cause include Young Scholars Developmental Institute ($1.1m), Parsippany Child Day Care Center Inc ($1.1m) and Southeastern Mass Home Health Aides Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $82k (8.6% of expenses). Other salaries and wages came to $214k. At year end it held assets of $968k against liabilities of $41k, net assets of $927k. It reported 18 employees.