Volunteer Center of Racine Inc

Analysis

Volunteer Center of Racine Inc is a registered charity in United States, based in Sturtevant, WI. It received its IRS tax-exemption ruling in September 2000, 26 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 December 2023, Volunteer Center of Racine Inc reported income of $368k and spending of $326k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $256k to $368k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Volunteer Center of Racine Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within WI. Charities of a similar size with the same main cause include Community Food Pantry of Sleepy Hollow Tarrytown ($368k), Serve to Lead ($368k) and Hosea Youth Services ($368k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (20% of expenses). Other salaries and wages came to $73k. At year end it held assets of $312k against liabilities of $168k, net assets of $144k. It reported 8 employees.