Milwaukee Ultimate Club Inc
Analysis
Milwaukee Ultimate Club Inc is a registered charity in United States, based in Wauwatosa, WI. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Milwaukee Ultimate Club Inc reported income of $152k and spending of $133k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $8,395 to $152k (+1705%), an average of +162% a year. The sharpest change came in the year to December 2021, when income rose by 977%. Over the whole period it spent 85% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Milwaukee Ultimate Club Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include Mosinee Silverblades Figure Skating Club Inc ($152k), Fond du Lac Volleyball Club ($152k) and Morningstar Family Foundation Inc ($152k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. At year end it held assets of $785k against liabilities of $415k, net assets of $370k.
Income and spending
Where the income comes from
- Contributions & grants 2.2%
- Program services 98%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mosinee Silverblades Figure Skating Club Inc | Mosinee | $152k |
| Fond du Lac Volleyball Club | Fond du Lac | $152k |
| Morningstar Family Foundation Inc | Lawrence | $152k |
| Urbana Athletic Boosters LLC | Urbana | $152k |