Wisconsin Philanthropy Network Inc

Analysis

Wisconsin Philanthropy Network Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in December 1987, 39 years ago. 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 December 2023, Wisconsin Philanthropy Network Inc reported income of $825k and spending of $968k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $674k to $825k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wisconsin Philanthropy Network Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include Middlebury Senior Housing Associates Inc ($824k), The Crisis Center for Domestic Abuse and Sexual Assault ($825k) and Providence Foundation ($824k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $161k (17% of expenses). Other salaries and wages came to $213k. At year end it held assets of $536k against liabilities of $131k, net assets of $405k. It reported 4 employees.