Urban League of Racine & Kenosha Inc

Analysis

Urban League of Racine & Kenosha Inc is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in February 1966, 60 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, Urban League of Racine & Kenosha Inc reported income of $89k and spending of $186k, spending 208% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $163k to $89k (-45%), an average of -45% a year. The sharpest change came in the year to June 2023, when income dropped by 45%. Over the whole period it spent 129% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Urban League of Racine & Kenosha Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within WI. Charities of a similar size with the same main cause include Platte River Veterans Flyfishing ($89k), Polyphony Music Resources Inc ($89k) and PTA Pennsylvania Congress ($89k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 104% and program service revenue 0.3% of the total. At year end it held assets of $454k against liabilities of $625, net assets of $453k.