Wausau River District Inc

Analysis

Wausau River District Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wausau River District Inc reported income of $130k and spending of $146k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $175k to $130k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 112% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wausau River District Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within WI. Charities of a similar size with the same main cause include Junior League of Bryan College Station Incorporated ($130k), Kane Area Community Center Inc ($130k) and Revitalization 2000 Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $71k against liabilities of $5,310, net assets of $65k.