United Way of Greater Laporte County Inc

Analysis

United Way of Greater Laporte County Inc is a registered charity in United States, based in Michigan City, IN. It received its IRS tax-exemption ruling in August 1960, 66 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Way of Greater Laporte County Inc reported income of $707k and spending of $754k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $770k to $707k (-8.3%), an average of -2.1% a year. The sharpest change came in the year to December 2020, when income rose by 105%. Over the whole period it spent 93% 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 Laporte County Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include Iowa Association of School Business Officials ($707k), Coalition for Specialized Housing ($707k) and Austin Bridge Builders Alliance ($707k).

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 $87k (12% of expenses). Other salaries and wages came to $138k. At year end it held assets of $816k against liabilities of $69k, net assets of $746k. It reported 4 employees.