Community Warehouse Inc

Analysis

Community Warehouse Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Community Warehouse Inc reported income of $2.6m and spending of $1.4m, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $2.6m (+7.2%), an average of +1.7% a year. The sharpest change came in the year to June 2023, when income rose by 97%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Warehouse Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Du Page County Joint Apprenticeship & Training Committee Local Union ($2.6m), W I B Inc ($2.6m) and Baltimore Public Markets Corporation ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 107% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $118k (8.3% of expenses). Other salaries and wages came to $510k. At year end it held assets of $2.3m against liabilities of $45k, net assets of $2.3m. It reported 31 employees.