Racine Interfaith Coalation Inc
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
Where the income comes from
- Contributions & grants 58%
- Other 42%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gov Dolph L Briscoe TX Agr Life Leadership FDN Inc | College Station | $167k |
| Increase Learning Center Inc | Reidsville | $167k |
| K I S Foundation Inc | Sherman Oaks | $167k |
| Lancaster County Virginia Education Foundation Inc | Kilmarnock | $167k |