West Bend Community Foundation Inc

Analysis

West Bend Community Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 1999, 27 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, West Bend Community Foundation Inc reported income of $7.7m and spending of $4.9m, leaving 36% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $6.9m to $7.7m (+12%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, West Bend Community Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Voluntary Action Center of Northern Illinois ($7.7m), Womens Foundation of Minnesota ($7.7m) and Boys & Girls Clubs of the Midlands ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $75.3m against liabilities of $1.4m, net assets of $73.9m.