Waupaca Area Chamber Foundation Inc

Analysis

Waupaca Area Chamber Foundation Inc is a registered charity in United States, based in Waupaca, WI. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Waupaca Area Chamber Foundation Inc reported income of $137k and spending of $122k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $106k to $137k (+30%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Waupaca Area Chamber Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within WI. Charities of a similar size with the same main cause include Leti Resource Center NFP ($137k), Iris Lending Library for the Blind Inc ($137k) and Christian Community Compassion Center Inc NFP ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $56k. At year end it held assets of $551k against liabilities of $209k, net assets of $342k.