United Way of Greater Lima Inc

Analysis

United Way of Greater Lima Inc is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in February 1958, 68 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 Greater Lima Inc reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.5m (+10%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 82% 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 Greater Lima Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Advanced Housing Alternatives Corporation ($1.5m), Grand Avenue Club Inc ($1.5m) and Newsed Community Development Corporation Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $56k (3.7% of expenses). Other salaries and wages came to $227k. At year end it held assets of $5.7m against liabilities of $234k, net assets of $5.5m. It reported 5 employees.