United Way of Central Indiana Inc

Analysis

United Way of Central Indiana Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 1938, 88 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 Central Indiana Inc reported income of $77.1m and spending of $62.4m, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $79.4m to $77.1m (-2.8%), an average of -0.7% a year. The sharpest change came in the year to June 2024, when income rose by 42%. Over the whole period it spent 89% 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 Central Indiana Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include Childrens Rescue Fund ($76.7m), Oklahoma City Community Foundation Inc ($77.8m) and Catholic Community Foundation of Minnesota ($75.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $823k (1.3% of expenses). Other salaries and wages came to $8.1m. At year end it held assets of $253.8m against liabilities of $26.8m, net assets of $227.0m. It reported 159 employees.