Fiscal Assistance Inc

Analysis

Fiscal Assistance Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in October 2000, 26 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 December 2023, Fiscal Assistance Inc reported income of $3.1m and spending of $2.9m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $3.1m (+65%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fiscal Assistance Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Phoenix Resource Center ($3.1m), SCCCC Rebuilding Lives Inc ($3.1m) and Journeys Supported Living Services ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $180k (6.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $6.9m against liabilities of $6.1m, net assets of $827k. It reported 28 employees.