Mielke Family Foundation Inc

Analysis

Mielke Family Foundation Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in January 1965, 61 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mielke Family Foundation Inc reported income of $272k and spending of $206k, leaving 24% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income fell from $336k to $272k (-19%), an average of -4.1% a year. The sharpest change came in the year to June 2021, when income rose by 31180%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mielke Family Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within WI. Charities of a similar size with the same main cause include Northern Illinois Research Foundation ($272k), Carthage Area United Way Inc ($272k) and The Silverstein Foundation for Gba Research ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% of the total. At year end it held assets of $10.9m against liabilities of $25, net assets of $10.9m.