Human Services
(P840)
IRS Verified
DX Registered
990 on File
ITALIAN COMMUNITY CENTER INC
Financial strength (30%)
96/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
The Italian Community Center (ICC) was established to serve Italian Americans and to serve the community at large. It carries on human relations activities on a charitable basis for the purpose of demonstrating to the community the positive force of Milwaukee’s Italian American citizens. It plans, promotes and carries out other charitable, educational and cultural activities which best serve the welfare of Americans of Italian extraction and the community at large.
Financial Overview — FY 2024
$947K
Total Revenue
$603K
Total Expenses
$3.6M
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.6%
Fundraising Efficiency
N/A
Operating Reserve
72.08x
Liability-to-Asset
8.0%
Revenue Diversification
53.0%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 15,047 similar organizations
(United States, Human Services, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.6% | 86.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.0% | 10.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.4% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
72.1 mo | 8.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
8.0% | 1.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
53.0% | 96.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
45.0% | 7.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
39.9% | 8.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
36.3% | 2.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $947K | $603K | $3.6M | 78.6% | 1 |
| 2023 | $653K | $431K | $3.3M | 59.6% | 0 |
| 2022 | $5.6M | $880K | $3.1M | 17.7% | 0 |
| 2021 | $-112,323 | $211K | N/A | — | 1 |
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