We Care Rapid City Inc

Analysis

We Care Rapid City Inc is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, We Care Rapid City Inc reported income of $386k and spending of $386k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $386k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, We Care Rapid City Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within SD. Charities of a similar size with the same main cause include Valley Care Association ($386k), The Gathering Source Inc ($386k) and Sidney-Shelby County YMCA Foundation Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.3% of the total. Other salaries and wages came to $227k. At year end it held assets of $16k against liabilities of $1,776, net assets of $15k. It reported 10 employees.