Embolden Wi Inc

Analysis

Embolden Wi Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in December 2009, 17 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 (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, Embolden Wi Inc reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $564k to $1.2m (+111%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Embolden Wi Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within WI. Charities of a similar size with the same main cause include Society for Pediatric Dermatology Inc ($1.2m), Reach Family Services Inc ($1.2m) and Serenity Sistas ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $85k (7.0% of expenses). Other salaries and wages came to $605k. At year end it held assets of $435k against liabilities of $59k, net assets of $375k. It reported 22 employees.