Walnut Way Conservation Corp Charitable Org

Analysis

Walnut Way Conservation Corp Charitable Org is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 2001, 25 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 2022, Walnut Way Conservation Corp Charitable Org reported income of $2.6m and spending of $2.3m, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.7m to $2.6m (+53%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Walnut Way Conservation Corp Charitable Org sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Stoddard Baptist Home Foundation Inc ($2.6m), Pahc Management and Services Corporation ($2.6m) and Home Again Richmond ($2.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 74% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $70k (3.0% of expenses). Other salaries and wages came to $468k. At year end it held assets of $7.0m against liabilities of $914k, net assets of $6.1m. It reported 40 employees.