United Way of the Wabash Valley Inc

Analysis

United Way of the Wabash Valley Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in July 1959, 67 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 the Wabash Valley Inc reported income of $2.6m and spending of $2.1m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.6m (+80%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 97%. Over the whole period it spent 90% 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 the Wabash Valley Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Foundation to Decrease World Suck ($2.6m), United Way of the Dutchess-Orange Region Inc ($2.6m) and Charity Assets Trust ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $152k (7.4% of expenses). Other salaries and wages came to $258k. At year end it held assets of $2.8m against liabilities of $387k, net assets of $2.4m. It reported 9 employees.