Alliance on Mental Illness of Racine County Inc

Analysis

Alliance on Mental Illness of Racine County Inc is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in April 1980, 46 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, Alliance on Mental Illness of Racine County Inc reported income of $325k and spending of $288k, spending 89% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $214k to $325k (+52%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alliance on Mental Illness of Racine County Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Shasta Historical Society ($325k), Society for California Archaeology ($325k) and Voter Network Foundation ($325k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $59k (21% of expenses). Other salaries and wages came to $130k. At year end it held assets of $467k against liabilities of $10k, net assets of $457k. It reported 9 employees.