Greater Wisconsin Opportunities Fund Inc

Analysis

Greater Wisconsin Opportunities Fund Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 2016, 10 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, Greater Wisconsin Opportunities Fund Inc reported income of $488k and spending of $220k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $890k to $488k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income dropped by 24%. Over the whole period it spent 29% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Wisconsin Opportunities Fund Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within WI. Charities of a similar size with the same main cause include Seesaw Communities Inc ($487k), Launchyourcity Inc ($488k) and Clarion Vocational Services Incorporated ($487k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.8m against liabilities of $431k, net assets of $4.3m.