Lakes and Prairie United Way

Analysis

Lakes and Prairie United Way is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in July 1975, 51 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, Lakes and Prairie United Way reported income of $843k and spending of $898k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $816k to $843k (+3.4%), an average of +0.8% a year. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lakes and Prairie United Way sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Foundaton for the Higher Good Inc ($843k), San Marino Motor Classic ($844k) and Arcadia Live Inc ($841k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $99k (11% of expenses). Other salaries and wages came to $142k. At year end it held assets of $927k against liabilities of $561k, net assets of $365k. It reported 6 employees.