WRC Inc

Analysis

WRC Inc is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in June 1978, 48 years ago. 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 June 2023, WRC Inc reported income of $4.0m and spending of $4.2m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $4.1m to $4.0m (-1.7%), an average of -0.6% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, WRC Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Bay de Noc Community College Foundation ($4.0m), Greenleaf Family Center ($4.0m) and Volunteers of America Inc ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $102k (2.5% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.0m against liabilities of $562k, net assets of $1.5m. It reported 58 employees.