Sherburne County Area United Way

Analysis

Sherburne County Area United Way is a registered charity in United States, based in Elk River, MN. It received its IRS tax-exemption ruling in January 1970, 56 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sherburne County Area United Way reported income of $302k and spending of $283k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $237k to $302k (+27%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sherburne County Area United Way sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Sunrise Rotary Club of Healdsburg Foundation ($302k), The Intandem Foundation Inc ($302k) and Partners in Island Education Inc ($302k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $118k. At year end it held assets of $317k against liabilities of $11k, net assets of $306k. It reported 3 employees.