United Way of Mon Valley
Analysis
United Way of Mon Valley is a registered charity in United States, based in Charleroi, PA. It received its IRS tax-exemption ruling in May 1964, 62 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 December 2023, United Way of Mon Valley reported income of $190k and spending of $226k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $241k to $190k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2021, when income dropped by 40%. Over the whole period it spent 103% 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 Mon Valley sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Kindworks Inc ($190k), Mba Challenge for Charity ($190k) and United Way of Kent County Inc ($190k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (39% of expenses). Other salaries and wages came to $25. At year end it held assets of $182k against liabilities of $1,376, net assets of $181k. It reported 1 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kindworks Inc | Bethesda | $190k |
| Mba Challenge for Charity | Oakland | $190k |
| United Way of Kent County Inc | Chestertown | $190k |
| Led2serve Inc | Longwood | $190k |