Wisconsin Native Loan Fund Inc
Analysis
Wisconsin Native Loan Fund Inc is a registered charity in United States, based in Lac du Flambu, WI. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Wisconsin Native Loan Fund Inc reported income of $2.3m and spending of $1.2m, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $257k to $2.3m (+803%), an average of +73% a year. The sharpest change came in the year to December 2020, when income rose by 346%. Over the whole period it spent 58% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wisconsin Native Loan Fund Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Shoreview Senior Residence ($2.3m), Parkside Business & Community in Partnership Inc ($2.3m) and Home Energy Efficiency Team Inc ($2.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $206k (17% of expenses). Other salaries and wages came to $330k. At year end it held assets of $8.0m against liabilities of $3.1m, net assets of $5.0m. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Program services 26%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Shoreview Senior Residence | Richfield | $2.3m |
| Parkside Business & Community in Partnership Inc | Camden | $2.3m |
| Home Energy Efficiency Team Inc | Boston | $2.3m |
| Rebuilding Together Peninsula | Redwood City | $2.3m |