University School of Milwaukee Endowment Fund Inc

Analysis

University School of Milwaukee Endowment Fund Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University School of Milwaukee Endowment Fund Inc reported income of $1.3m and spending of $5.0m, spending 389% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.1m to $1.3m (-59%), an average of -20% a year. The sharpest change came in the year to June 2022, when income rose by 264%. Over the whole period it spent 218% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University School of Milwaukee Endowment Fund Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within WI. Charities of a similar size with the same main cause include The Sheet Metal Workers Local 25 Education Fund ($1.3m), A New Dimension Child Enrichment Center ($1.3m) and Economic Development Alliance of Skagit County Foundation ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $93.1m against liabilities of $275k, net assets of $92.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.