Wisconsin Chinese Chamber of Commerce

Analysis

Wisconsin Chinese Chamber of Commerce is a registered charity in United States, based in Wauwatosa, WI. It received its IRS tax-exemption ruling in January 2020, 6 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 December 2023, Wisconsin Chinese Chamber of Commerce reported income of $614k and spending of $689k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $496k to $614k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wisconsin Chinese Chamber of Commerce sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Our West Bayfront ($614k), Displaced Homemakers Center of Tompkins County Inc ($614k) and Wright Dunbar Inc ($614k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.0% of the total. Other salaries and wages came to $206k. At year end it held assets of $347k against liabilities of $74k, net assets of $274k. It reported 2 employees.