The United Way of Youngstown and the Mahoning Valley

Analysis

The United Way of Youngstown and the Mahoning Valley is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in November 1926, 100 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, The United Way of Youngstown and the Mahoning Valley reported income of $5.7m and spending of $3.9m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $5.7m (+41%), an average of +9.1% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The United Way of Youngstown and the Mahoning Valley sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include The Nathaniel Foundation Inc ($5.7m), In-N-Out Burgers Foundation ($5.7m) and United Way of Champaign County Illinois Inc ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $151k (3.9% of expenses). Other salaries and wages came to $447k. At year end it held assets of $15.3m against liabilities of $2.4m, net assets of $12.8m. It reported 24 employees.