FISHER HOUSE WISCONSIN
Mission Statement
Fisher House Wisconsin is a 501(c)(3) nonprofit organization dedicated to supporting the construction and operation of Fisher Houses across Wisconsin. The first Fisher House in the state opened at the Clement J. Zablocki Veterans Medical Center in April 2016. Since then, the Milwaukee VA Fisher House has housed over 6,300 military and veteran caregivers. By helping fund operational expenses, Fisher House Wisconsin ensures families can stay close to their loved ones during critical medical treatments without financial burden. In addition, Fisher House Wisconsin collaborates with the national Fisher House Foundation and the Department of Veterans Affairs to raise funds and awareness for new Fisher Houses in Wisconsin, including the upcoming one in Madison. Together, the Milwaukee and Madison Fisher Houses will provide 11,680 nights of free lodging annually, saving veterans and their families over $2.3 million in out-of-pocket costs. Through these efforts, Fisher House Wisconsin ensures that communities identified by the Department of Veterans Affairs as in need of a Fisher House receive the necessary resources and support.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
80.3% | 84.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.6% | 11.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
114.9% | 14.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
96.8 mo | 13.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.4% | 1.4% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
104.2% | 94.7% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-48.0% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-7.8% | 10.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-3.3% | 3.3% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Out-of-pocket lodging cost saved per guest | 777 | $331.00 | — | Lifetime |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $678K | $700K | $5.6M | 80.3% | 0 |
| 2022 | $1.3M | $759K | $5.1M | 85.3% | 0 |
| 2021 | $1.1M | $803K | N/A | — | 0 |
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