Womens Resource Center of Racine Inc

Analysis

Womens Resource Center of Racine Inc is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in June 1998, 28 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 2023, Womens Resource Center of Racine Inc reported income of $627k and spending of $578k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $512k to $627k (+23%), an average of +7.0% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Womens Resource Center of Racine Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Hope Center of Maryland ($627k), Fenwick Foundation ($627k) and LA Ola Ministries-The Wave ($627k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $78k (13% of expenses). Other salaries and wages came to $255k. At year end it held assets of $1.1m against liabilities of $36k, net assets of $1.1m. It reported 18 employees.