Petawa Residence and Cultural Center Inc

Analysis

Petawa Residence and Cultural Center Inc is a registered charity in United States, based in Brookfield, WI. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Petawa Residence and Cultural Center Inc reported income of $1.9m and spending of $723k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.9m (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 34% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Petawa Residence and Cultural Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Carolina School for Inquiry ($1.9m), Boston Schools Fund Inc ($1.9m) and Rogers State University Foundation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $9,984 (1.4% of expenses). Other salaries and wages came to $106k. It paid $8,893 in professional fundraising fees. At year end it held assets of $9.0m against liabilities of $2.1m, net assets of $7.0m. It reported 13 employees.