Courage Initiative Ltd

Analysis

Courage Initiative Ltd is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 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, Courage Initiative Ltd reported income of $913k and spending of $868k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $347k to $913k (+163%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Courage Initiative Ltd sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Natural Resources All Families Foundation Inc ($913k), Monroeville Area Young Mens Christian Association Inc ($914k) and Ripe for Revival ($913k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $516k. At year end it held assets of $552k against liabilities of $48k, net assets of $504k. It reported 26 employees.