Racine Society for Christian Instruction
Analysis
Racine Society for Christian Instruction is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in November 1950, 76 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Racine Society for Christian Instruction reported income of $1.8m and spending of $1.5m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.8m (+74%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 32%. Over the whole period it spent 84% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Racine Society for Christian Instruction sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Sowers International ($1.8m), Connect International ($1.9m) and Reino Capital ($1.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 79% of the total. Other salaries and wages came to $872k. At year end it held assets of $2.1m against liabilities of $230k, net assets of $1.8m. It reported 38 employees.
Income and spending
Where the income comes from
- Contributions & grants 16%
- Program services 79%
- Other 4.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sowers International | Corona | $1.8m |
| Connect International | Sacramento | $1.9m |
| Reino Capital | Garland | $1.8m |
| Alhikma Association | Minneapolis | $1.9m |