Howe Community Resource Center Inc

Analysis

Howe Community Resource Center Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Howe Community Resource Center Inc reported income of $515k and spending of $596k, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $395k to $515k (+30%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 114% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Howe Community Resource Center 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 71st percentile, and in the 71st percentile within WI. Charities of a similar size with the same main cause include Anti-Violence Coalition of Hudson County ($514k), Somerset Inc ($515k) and Longfellow Community Council ($514k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (12% of expenses). Other salaries and wages came to $239k. At year end it held assets of $382k against liabilities of $45k, net assets of $337k. It reported 13 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.