Optimist Club of Menomonee Falls Foundation Inc

Analysis

Optimist Club of Menomonee Falls Foundation Inc is a registered charity in United States, based in Menomonee FLS, WI. It received its IRS tax-exemption ruling in April 2022, 4 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 September 2023, Optimist Club of Menomonee Falls Foundation Inc reported income of $377k and spending of $301k, leaving 20% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $354k to $377k (+6.5%), an average of +6.5% a year. Over the whole period it spent 44% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Optimist Club of Menomonee Falls Foundation Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within WI. Charities of a similar size with the same main cause include Rock Hill Economic Development Corporation ($377k), Crook County Foundation ($377k) and Celebrate Committee Inc ($376k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $420k against liabilities of $0, net assets of $420k.