Wisconsin Virtual Learning Inc
Analysis
Wisconsin Virtual Learning Inc is a registered charity in United States, based in Fredonia, WI. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Wisconsin Virtual Learning Inc reported income of $3.5m and spending of $3.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.5m (+34%), an average of +7.7% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 87% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Wisconsin Virtual Learning Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include High Jump ($3.5m), Harvard Avenue Community School ($3.5m) and Colleges of the Fenway Inc ($3.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $78k (2.4% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.5m against liabilities of $365k, net assets of $2.1m. It reported 57 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 1.9%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| High Jump | Chicago | $3.5m |
| Harvard Avenue Community School | Cleveland | $3.5m |
| Colleges of the Fenway Inc | Boston | $3.5m |
| Waldorf in North Coastal Inc | Vista | $3.5m |