Charity Impact Media

Home › Philanthropy, voluntarism & grantmaking

Racine Community Foundation

Racine, WI · EIN 51-0188377 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

Racine Community Foundation reported $15.5 million in revenue and $4.2 million in expenses for calendar year 2025. Of every $100 it spent, $78.09 went to program services, $20.36 to management and general costs and $1.55 to fundraising. Its largest source of revenue was investment income: 57.1% of the total. The highest compensation it reported for one person was $186,154 (PRESIDENT & CEO). 1 person received more than $100,000 in reportable compensation. Revenue rose 309% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $4.2M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2025 · Form 990, Part VIII · total revenue $16M

The 990 scorecard · same measures for every charity, no grades

2025 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
78.1%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
20.4%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.5%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
42.4%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.5%0.0%
Highest reported compensation
Part VII-A, columns D–F
$186,154$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
4.47%1.56%
People paid over $100,000
Part VII, line 2
13
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
252.356.6
Independent voting board members
Part VI 1a–1b
18 of 18100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2025 · Form 990, Part III · the three largest programs by expense
$3.2M expenses · 100.0% of program spending · grants $3.2M · revenue $75,337

The Racine Community Foundation funds other non-profit community organizations to help strengthen and deliver programs that are vital to the people of racine county. In 2025, the Racine Community Foundation awarded over $3.24 million in grants, primarily in the categories of arts and culture, community development, education, environmental, health, and human services. During the year the Racine Community Foundation awarded 57 arts and culture, 147 community development, 237 education, 29 environmental, 51 health, and 166 human services grants. A total of 687 grants were awarded

Highest reported compensation

2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Officer, 40.00 hrs/week
$176,622$0$9,532$186,154

1 people received more than $100,000 in reportable compensation from Racine Community Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $186K (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M2019202020212022202320242025$16M$4.2M
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$16M$4.2M78.1%$87M$186,154
2024 ⓘ$6.1M$4.7M81.2%$74M$178,382
2023 ⓘ$4.5M$4.5M81.8%$71M$165,007
2022 ⓘ$4.6M$4.2M80.6%$66M$162,300
2021 ⓘ$13M$3.5M78.2%$79M$155,550
2020 ⓘ$7.1M$3.8M82.0%$69M$151,618
2019 ⓘ$3.8M$3.3M78.5%$63M$145,842

Governance answers, as filed

2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b18 · 18 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 53
  • Volunteers Part I, line 659

Private foundation grants it received

4 private foundations reported grants to Racine Community Foundation totaling $27,998 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Racine Community Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Racine Community Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All philanthropy, voluntarism & grantmaking charities · Largest charities in Wisconsin

Questions people ask

How much of Racine Community Foundation's spending goes to programs?

In calendar year 2025, Racine Community Foundation reported that 78.1% of its $4.2 million in expenses went to program services, 20.4% to management and general and 1.5% to fundraising (Form 990, Part IX).

How much does Racine Community Foundation pay its top executive?

The largest total compensation Racine Community Foundation reported for one person in calendar year 2025 was $186,154, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Racine Community Foundation get its money?

Of $15.5 million in revenue in calendar year 2025, 42.4% came from contributions and grants and 0.5% from program service revenue (Form 990, Part VIII).

Is Racine Community Foundation a registered charity?

The IRS lists EIN 51-0188377 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202621479349301037 · read the filing · XML
  • 2024: Form 990 for calendar year 2024, object 202530969349301113 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202401019349301615 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202311189349301606 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202220809349300962 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202141239349301309 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202011839349301231 · read the filing

All filings for EIN 51-0188377: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.