The Arc of Racine County Inc

Analysis

The Arc of Racine County Inc is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in March 2017, 9 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 June 2024, The Arc of Racine County Inc reported income of $60k and spending of $91k, spending 150% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $50k to $60k (+20%), an average of +9.6% a year. The sharpest change came in the year to June 2023, when income rose by 81%. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of Racine County Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within WI. Charities of a similar size with the same main cause include 100 Black Men of Long Beach Inc ($60k), Bayis Shaini Inc ($60k) and Franklin Covey Care Fund ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $58k against liabilities of $2,576, net assets of $56k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.