Wabash County United Fund

Analysis

Wabash County United Fund is a registered charity in United States, based in Wabash, IN. It received its IRS tax-exemption ruling in October 1974, 52 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 December 2023, Wabash County United Fund reported income of $207k and spending of $256k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $238k to $207k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2020, when income rose by 97%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wabash County United Fund sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within IN. Charities of a similar size with the same main cause include Minnetonka High School Cheerleading Booster Club ($207k), Foundation of the National Automatic Merchandising Assoc ($207k) and Mothers Helping Others ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $68k. At year end it held assets of $406k against liabilities of $35k, net assets of $371k. It reported 3 employees.