Revitalize Milwaukee Inc

Analysis

Revitalize Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Revitalize Milwaukee Inc reported income of $4.6m and spending of $3.3m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $4.6m (+177%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 164%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Revitalize Milwaukee Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within WI. Charities of a similar size with the same main cause include Orinda Senior Village Inc ($4.5m), Apna Ghar Inc Our Home ($4.6m) and Neighborhood Development Corporation of Akron ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $242k (7.3% of expenses). Other salaries and wages came to $696k. At year end it held assets of $3.6m against liabilities of $439k, net assets of $3.2m. It reported 23 employees.