Midwest Urban Strategies Inc

Analysis

Midwest Urban Strategies Inc is a registered charity in United States, based in Elm Grove, WI. It received its IRS tax-exemption ruling in August 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 June 2023, Midwest Urban Strategies Inc reported income of $3.4m and spending of $3.6m, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $682k to $3.4m (+401%), an average of +71% a year. The sharpest change came in the year to June 2023, when income rose by 127%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Midwest Urban Strategies Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include Join Inc ($3.4m), Western Indiana Workforce Investment Board Inc ($3.4m) and El Centro Hispano Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $140k (3.9% of expenses). Other salaries and wages came to $406k. At year end it held assets of $757k against liabilities of $758k, net assets of -$1,126. It reported 4 employees.