Greater Cedarburg Foundation Inc

Analysis

Greater Cedarburg Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 2001, 25 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Cedarburg Foundation Inc reported income of $454k and spending of $285k, leaving 37% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $558k to $454k (-19%), an average of -4.0% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 50% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Cedarburg Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include Community Residences Foundation ($453k), Inspiring Community ($454k) and Ripples of Hope Inc ($453k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $7.9m against liabilities of $23k, net assets of $7.9m.