Archdiocese of Milwaukee Catholic Community Foundation Inc

Analysis

Archdiocese of Milwaukee Catholic Community Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 2002, 24 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 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 June 2023, Archdiocese of Milwaukee Catholic Community Foundation Inc reported income of $2.7m and spending of $3.2m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.1m to $2.7m (-47%), an average of -15% a year. The sharpest change came in the year to June 2020, when income rose by 219%. Over the whole period it spent 36% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Archdiocese of Milwaukee Catholic Community Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Ahrc New York City Foundation Inc ($2.7m), Roxbury Community College Foundation Inc ($2.7m) and Anthony Rizzo Family Foundation ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $228k (7.1% of expenses). Other salaries and wages came to $174k. At year end it held assets of $147.0m against liabilities of $90.0m, net assets of $57.0m. It reported 3 employees.