Milwaukee Water Commons Inc

Analysis

Milwaukee Water Commons Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Milwaukee Water Commons Inc reported income of $2.0m and spending of $1.1m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $613k to $2.0m (+219%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 72% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Milwaukee Water Commons Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include North Olympic Land Trust ($2.0m), Friends of the New Jersey School of Conservation ($2.0m) and Osprey Wilds Environmental Learning Center ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $273k (25% of expenses). Other salaries and wages came to $410k. It paid $42k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $124k, net assets of $1.4m. It reported 15 employees.