United Way of Meriden and Wallingford Inc

Analysis

United Way of Meriden and Wallingford Inc is a registered charity in United States, based in Meriden, CT. It received its IRS tax-exemption ruling in November 1934, 92 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, United Way of Meriden and Wallingford Inc reported income of $576k and spending of $536k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $678k to $576k (-15%), an average of -5.3% a year. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of Meriden and Wallingford Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include Cristian Rivera Foundation ($576k), American Friends of Shanti House Inc ($576k) and San Mateo-Foster City Community Education Foundation ($575k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $211k. At year end it held assets of $814k against liabilities of $220k, net assets of $594k. It reported 6 employees.