Wisconsin Independent Learning College Inc

Analysis

Wisconsin Independent Learning College Inc is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wisconsin Independent Learning College Inc reported income of $481k and spending of $539k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $533k to $481k (-9.7%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wisconsin Independent Learning College 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 Horizons Student Opportunities and Results for New Mexico Inc ($481k), Academy for Children Inc ($481k) and Foundation of the Missouri United Methodist Church Columbia ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 86% of the total. Other salaries and wages came to $361k. At year end it held assets of $166k against liabilities of $74k, net assets of $92k. It reported 15 employees.