Milwaukee Community Acupuncture Inc

Analysis

Milwaukee Community Acupuncture Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Milwaukee Community Acupuncture Inc reported income of $442k and spending of $426k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $374k to $442k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Milwaukee Community Acupuncture Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include The Hope Clinic Inc ($442k), Lake Plains Community Care Network Inc ($442k) and Medbank Foundation Incorporated ($442k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $112k (26% of expenses). Other salaries and wages came to $163k. At year end it held assets of $189k against liabilities of $4,514, net assets of $184k. It reported 17 employees.