United Way of Northwest Indiana Inc

Analysis

United Way of Northwest Indiana Inc is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in September 1958, 68 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 2023, United Way of Northwest Indiana Inc reported income of $5.0m and spending of $3.8m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $5.0m (+189%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 88% 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 Northwest Indiana Inc 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 Indiana United Methodist Childrens Home Foundation Inc ($5.0m), Oak Park-River Forest Community Foundation ($5.0m) and Struggle to Save Ethiopian Jewry Inc ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $160k (4.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $7.6m against liabilities of $294k, net assets of $7.3m. It reported 54 employees.