Lad Lake Milwaukee Inc

Analysis

Lad Lake Milwaukee Inc is a registered charity in United States, based in Dousman, WI. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lad Lake Milwaukee Inc reported income of $1.3m and spending of $1.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lad Lake Milwaukee 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 82nd percentile within WI. Charities of a similar size with the same main cause include Communities of Rooted Brilliance ($1.3m), Minneapolis School of Anesthesia ($1.3m) and NJ Rising Stars Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $262k against liabilities of $4.1m, net assets of -$3.8m.