United Way of Miami County Inc

Analysis

United Way of Miami County Inc is a registered charity in United States, based in Troy, OH. It received its IRS tax-exemption ruling in September 1959, 67 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 June 2023, United Way of Miami County Inc reported income of $1.3m and spending of $1.1m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $1.3m (-15%), an average of -4.0% a year. Over the whole period it spent 92% 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 Miami County Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Sylvia Kuvet Memorial Child Care Center ($1.3m), Operation Freedom Paws ($1.3m) and Generation Steam ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $154k (14% of expenses). Other salaries and wages came to $3,963. At year end it held assets of $2.4m against liabilities of $10k, net assets of $2.4m. It reported 3 employees.