United Way of Allen County Inc

Analysis

United Way of Allen County Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in June 1964, 62 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 June 2024, United Way of Allen County Inc reported income of $2.2m and spending of $3.1m, spending 143% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $6.5m to $2.2m (-66%), an average of -24% a year. The sharpest change came in the year to June 2022, when income dropped by 44%. Over the whole period it spent 113% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of Allen County Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Middletown Community Foundation ($2.2m), Friends of Mayanot Institute Inc ($2.2m) and A Treasure of Dreams ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $257k (8.2% of expenses). Other salaries and wages came to $702k. At year end it held assets of $5.3m against liabilities of $1.3m, net assets of $4.0m. It reported 13 employees.