Racine County Opportunity Center Inc

Analysis

Racine County Opportunity Center Inc is a registered charity in United States, based in Mt Pleasant, WI. It received its IRS tax-exemption ruling in February 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Racine County Opportunity Center Inc reported income of $3.7m and spending of $3.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.7m (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Racine County Opportunity Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include Community Real Property Holdings Inc ($3.7m), Tillamook County Family Young Mens Christian Association ($3.7m) and Zaman International ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $153k (4.1% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $1.2m against liabilities of $160k, net assets of $1.1m. It reported 161 employees.