Cwima Opportunity Fund Inc

Analysis

Cwima Opportunity Fund Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover employment, 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, Cwima Opportunity Fund Inc reported income of $293k and spending of $404k, spending 138% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $192k to $293k (+52%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 178%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cwima Opportunity Fund Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within WI. Charities of a similar size with the same main cause include Wetrain Washington ($293k), Total Life Community Educational Foundation ($293k) and Friends of Ski Run ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. Other salaries and wages came to $113k. At year end it held assets of $23k against liabilities of $29k, net assets of -$5,960. It reported 3 employees.