Holmen Area Community Center Inc

Analysis

Holmen Area Community Center Inc is a registered charity in United States, based in Holmen, WI. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Holmen Area Community Center Inc reported income of $260k and spending of $225k, spending 87% of its income. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 137% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Holmen Area Community Center 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 59th percentile, and in the 59th percentile within WI. Charities of a similar size with the same main cause include Elizabeth Guild Inc ($260k), Centennial Community Food Shelf ($260k) and Illinois Valley Food Pantry ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 7.2% of the total. Other salaries and wages came to $112k. At year end it held assets of $228k against liabilities of $2,972, net assets of $225k. It reported 8 employees.