Steve Stricker American Family Insurance Foundation Inc

Analysis

Steve Stricker American Family Insurance Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Steve Stricker American Family Insurance Foundation Inc reported income of $8.6m and spending of $8.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.9m to $8.6m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Steve Stricker American Family Insurance Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Cherokee Preservation Foundation Inc ($8.6m), Bridge Project Inc ($8.6m) and Barberton Community Foundation ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. Other salaries and wages came to $558k. At year end it held assets of $6.0m against liabilities of $425k, net assets of $5.6m.