Wisys Technology Foundation Inc

Analysis

Wisys Technology Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Wisys Technology Foundation Inc reported income of $2.0m and spending of $2.6m, spending 127% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $2.0m (+86%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 126% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wisys Technology Foundation 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 87th percentile within WI. Charities of a similar size with the same main cause include Cornerstone Christian School Society ($2.0m), South Columbus Drop Back in ($2.0m) and Bais Chana Heritage School Inc ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $304k (12% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $3.8m against liabilities of $1.2m, net assets of $2.6m. It reported 31 employees.