University School of Milwaukee Corporation

Analysis

University School of Milwaukee Corporation is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in September 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University School of Milwaukee Corporation reported income of $38.5m and spending of $41.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $33.7m to $38.5m (+14%), an average of +3.4% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University School of Milwaukee Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include Illinois College of Optometry ($38.5m), After School Matters Inc ($38.5m) and Lees-Mcrae College Incorporated ($38.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $682k (1.7% of expenses). Other salaries and wages came to $17.0m. At year end it held assets of $54.0m against liabilities of $5.4m, net assets of $48.6m. It reported 407 employees.