Richland County Campus Foundation Ltd

Analysis

Richland County Campus Foundation Ltd is a registered charity in United States, based in Richland Ctr, WI. It received its IRS tax-exemption ruling in March 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, Richland County Campus Foundation Ltd reported income of $122k and spending of $190k, spending 156% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $159k to $122k (-23%), an average of -6.5% a year. The sharpest change came in the year to June 2020, when income rose by 1320%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Richland County Campus Foundation Ltd sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within WI. Charities of a similar size with the same main cause include Neighborhood Pantry Inc ($122k), Veterans Club at Encanterra ($122k) and Rebuilding Together Southwest Illinois ($122k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $24k (12% of expenses). Other salaries and wages came to $26k. At year end it held assets of $4.9m against liabilities of $1,702, net assets of $4.9m. It reported 6 employees.

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.