LA Crosse Promise Inc

Analysis

LA Crosse Promise Inc is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in July 2013, 13 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, LA Crosse Promise Inc reported income of $120k and spending of $267k, spending 222% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $371k to $120k (-68%), an average of -24% a year. The sharpest change came in the year to June 2023, when income dropped by 59%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Crosse Promise Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within WI. Charities of a similar size with the same main cause include Meridian Hills Cooperative Nursery School Inc ($120k), Oakridge Elementary School PTO ($120k) and Starz Children Foundation Inc ($120k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $76k (28% of expenses). Other salaries and wages came to $58k. At year end it held assets of $1.9m against liabilities of $11k, net assets of $1.9m. It reported 3 employees.