Northwest Wisconsin Workforce Investment Board Inc

Analysis

Northwest Wisconsin Workforce Investment Board Inc is a registered charity in United States, based in Ashland, WI. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Northwest Wisconsin Workforce Investment Board Inc reported income of $2.8m and spending of $2.8m, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $1.3m to $2.8m (+105%), an average of +105% a year. The sharpest change came in the year to June 2023, when income rose by 105%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northwest Wisconsin Workforce Investment Board Inc sits at the 88th percentile: it is larger than about 88% 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 New York Yankees Foundation Inc ($2.7m), Special Olympics Rhode Island Inc ($2.8m) and Dwight School Foundation ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $129k (4.7% of expenses). Other salaries and wages came to $421k. At year end it held assets of $360k against liabilities of $306k, net assets of $53k. It reported 15 employees.