Charity Search / HISTORIC THIRD WARD ASSOCIATION INC
Community Improvement (S31Z) 990 on File

HISTORIC THIRD WARD ASSOCIATION INC

EIN: 39-1460281 · MILWAUKEE, WI 53202-5906 · United States · FY 2025 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 94/100
Reliability (20%) 55/100
Effectiveness (25%) 71/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$900K
Total Revenue
$745K
Total Expenses
$514K
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 72.5%
Fundraising Efficiency N/A
Operating Reserve 8.28x
Liability-to-Asset 26.7%
Revenue Diversification 61.8%
Executive Compensation $145K
Compared with Peers
FY 2025
Compared with 2,137 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2025.
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
72.5% 84.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
25.0% 12.7%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
2.5% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
8.3 mo 11.1 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
26.7% 2.2%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
61.8% 91.6%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
9.8% 4.2%
P10P90
Expense growth
Year over year expense growth
2.4% 8.4%
P10P90
Surplus margin
Surplus as a share of revenue
17.2% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $900K $745K $514K 72.5% 5
2024 $820K $728K $359K 75.7% 4
2023 $721K $737K $267K 75.5% 5
2022 $689K $654K $283K 69.9% 5
2021 $639K $663K N/A 5
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Organization Details
EIN
39-1460281
State
WI
City
MILWAUKEE
ZIP
53202-5906
Classification
S31Z
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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