United Way of Erie County Inc

Analysis

United Way of Erie County Inc is a registered charity in United States, based in Sandusky, OH. It received its IRS tax-exemption ruling in September 1971, 55 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, United Way of Erie County Inc reported income of $266k and spending of $341k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $415k to $266k (-36%), an average of -10% a year. The sharpest change came in the year to December 2021, when income dropped by 32%. 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, United Way of Erie County Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Youth Movement Inc ($266k), Little League Baseball Inc ($266k) and Green Up ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $78k. At year end it held assets of $1.7m against liabilities of $11k, net assets of $1.7m. It reported 3 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.