Wisconsin State Reading Association Inc

Analysis

Wisconsin State Reading Association Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wisconsin State Reading Association Inc reported income of $305k and spending of $617k, spending 202% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $708k to $305k (-57%), an average of -24% a year. The sharpest change came in the year to June 2022, when income rose by 92%. Over the whole period it spent 174% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wisconsin State Reading Association Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within WI. Charities of a similar size with the same main cause include Delta Education and Life Development Foundation Incorporate ($305k), In Christ Alone El Paso Christian School ($305k) and Prek12 and Beyond ($305k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Other salaries and wages came to $58k. At year end it held assets of $134k against liabilities of $0, net assets of $134k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.