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Racine Interfaith Coalation Inc

RegisteredEIN 39-1787803Racine, WIEducation and training
Income$167k2023-12
Spending$181ksame year
Spent / received106%2-year average
Size in its cause51st pctEducation and training
Exempt since1995Publicly supported organisat
Employees–latest return

Analysis

Racine Interfaith Coalation Inc is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Racine Interfaith Coalation Inc reported income of $167k and spending of $181k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $138k to $167k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Racine Interfaith Coalation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within WI. Charities of a similar size with the same main cause include Gov Dolph L Briscoe TX Agr Life Leadership FDN Inc ($167k), Increase Learning Center Inc ($167k) and K I S Foundation Inc ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.

Income and spending

$0$45k$91k$136k$181k2022 Income: $138,0192022 Spending: $141,70420222023 Income: $166,9852023 Spending: $181,4652023
IncomeSpending

Where the income comes from

  • Contributions & grants 58%
  • Other 42%

Similar-sized charities, same cause

CharityLocationIncome
Gov Dolph L Briscoe TX Agr Life Leadership FDN IncCollege Station$167k
Increase Learning Center IncReidsville$167k
K I S Foundation IncSherman Oaks$167k
Lancaster County Virginia Education Foundation IncKilmarnock$167k