Wisconsin Veterans Network Inc

Analysis

Wisconsin Veterans Network Inc is a registered charity in United States, based in West Allis, WI. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Wisconsin Veterans Network Inc reported income of $860k and spending of $380k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $302k to $860k (+184%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 157%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wisconsin Veterans Network Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Betty and Leonard Phillips Deaf Action Center of Northwest LA Inc ($860k), Countryside United Methodist Preschool Inc ($860k) and Chester River Health Foundation Inc ($860k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $67k (18% of expenses). Other salaries and wages came to $113k. It paid $45k in professional fundraising fees. At year end it held assets of $754k against liabilities of $31k, net assets of $723k. It reported 4 employees.