United Way of Greater Lafayette & Tippecanoe County

Analysis

United Way of Greater Lafayette & Tippecanoe County is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in January 1957, 69 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, United Way of Greater Lafayette & Tippecanoe County reported income of $5.2m and spending of $5.7m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.4m to $5.2m (-5.4%), an average of -1.4% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 97% 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 Greater Lafayette & Tippecanoe County sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Special Forces Charitable Trust ($5.1m), Douglas County Educational Foundation ($5.2m) and The Erie County Community Foundation ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $283k (4.9% of expenses). Other salaries and wages came to $600k. At year end it held assets of $11.5m against liabilities of $3.8m, net assets of $7.8m. It reported 41 employees.