Racine Community Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,345,777 | 1,899,654 | 4,446,123 | 231.0 | 11% |
| 2012 | 3,943,626 | 1,824,559 | 2,119,067 | 276.1 | 10% |
| 2013 | 6,976,901 | 3,008,328 | 3,968,573 | 205.4 | 7% |
| 2014 | 4,823,093 | 3,170,290 | 1,652,803 | 175.1 | 7% |
| 2015 | 7,075,573 | 3,852,541 | 3,223,032 | 145.8 | 6% |
| 2016 | 5,668,569 | 2,589,167 | 3,079,402 | 240.5 | 9% |
| 2017 | 4,335,345 | 3,112,609 | 1,222,736 | 224.3 | 8% |
| 2018 | 8,381,329 | 4,123,018 | 4,258,311 | 160.5 | 7% |
| 2019 | 3,787,829 | 3,255,232 | 532,597 | 232.4 | 8% |
| 2020 | 7,071,127 | 3,760,988 | 3,310,139 | 221.2 | 7% |
| 2021 | 12,582,646 | 3,500,733 | 9,081,913 | 270.0 | 8% |
| 2022 | 4,559,798 | 4,206,701 | 353,097 | 189.4 | 7% |
| 2023 | 4,540,164 | 4,510,997 | 29,167 | 189.8 | 7% |
In its most recent public year (2023), this organization brought in $29,167 more than it spent. Its reserves stood at about 189.8 months of spending, down from 231 in 2011. Staff pay was 7% of spending. $65,485,129 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Racine Community Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works