Warehouse Inc

Analysis

Warehouse Inc is a registered charity in United States, based in Eagle River, WI. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Warehouse Inc reported income of $158k and spending of $170k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $191k to $158k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Warehouse Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within WI. Charities of a similar size with the same main cause include Remote Ecologist Inc ($158k), Distinguished Flying Cross Society ($158k) and Crawfordsville Masonic Temple Foundation Inc ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 34% of the total. Other salaries and wages came to $63k. At year end it held assets of $271k against liabilities of $68k, net assets of $203k. It reported 8 employees.