United Way of Grundy County

Analysis

United Way of Grundy County is a registered charity in United States, based in Morris, IL. It received its IRS tax-exemption ruling in March 1972, 54 years ago. 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 September 2023, United Way of Grundy County reported income of $1.1m and spending of $313k, leaving 70% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $450k to $1.1m (+135%), an average of +33% a year. The sharpest change came in the year to September 2022, when income rose by 514%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Grundy County sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Ohio Citizen Action Education Fund ($1.1m), Someone Cares Soup Kitchen ($1.1m) and Rotary Club of Lakewood Ranch Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $60k (19% of expenses). At year end it held assets of $2.4m against liabilities of $1,378, net assets of $2.4m. It reported 1 employees.