Racine Kenosha Community Action Agency Inc

Analysis

Racine Kenosha Community Action Agency Inc is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in December 1967, 59 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 Kenosha Community Action Agency Inc reported income of $9.0m and spending of $9.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $9.0m (+8.0%), an average of +1.9% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Racine Kenosha Community Action Agency Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Union County Community Action Inc ($9.0m), Urban League of Middle Tennessee ($9.0m) and Young Mens Christian Association of Centre County ($9.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $294k (3.2% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $3.3m against liabilities of $2.2m, net assets of $1.1m. It reported 64 employees.