University of Wisconsin-Superior Alumni and Friends Foundation Inc

Analysis

University of Wisconsin-Superior Alumni and Friends Foundation Inc is a registered charity in United States, based in Superior, WI. It received its IRS tax-exemption ruling in January 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Wisconsin-Superior Alumni and Friends Foundation Inc reported income of $1.9m and spending of $3.2m, spending 164% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.8m to $1.9m (-30%), an average of -8.6% a year. The sharpest change came in the year to June 2021, when income rose by 130%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Wisconsin-Superior Alumni and Friends Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Washburn Academy Inc ($1.9m), Cyrenius H Booth Library ($1.9m) and Peace Academy ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $27.4m against liabilities of $432k, net assets of $26.9m.