Racine County Project Emergency Inc

Analysis

Racine County Project Emergency Inc is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in September 1977, 49 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, Racine County Project Emergency Inc reported income of $3.4m and spending of $3.4m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.4m (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Racine County Project Emergency Inc sits at the 89th percentile: it is larger than about 89% 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 Access Support Network ($3.4m), Tender Care Community Clinic Inc ($3.4m) and Gertrude Remmel Butler Methodist Child Development Center Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $102k (3.0% of expenses). Other salaries and wages came to $72k. At year end it held assets of $1.1m against liabilities of $44k, net assets of $1.1m. It reported 6 employees.