Kewanee Area United Way

Analysis

Kewanee Area United Way is a registered charity in United States, based in Kewanee, IL. It received its IRS tax-exemption ruling in January 1982, 44 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, Kewanee Area United Way reported income of $125k and spending of $117k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $131k to $125k (-4.6%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income rose by 146%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kewanee Area United Way sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Virgin Islands Centre for Architecture Crafts and Build ($125k), American State Bank Endowed Scholarship Funds for Nursing ($125k) and First United Methodist Church of Lagrange Memorial Foundation Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $15k (12% of expenses). At year end it held assets of $230k against liabilities of $349, net assets of $230k. It reported 1 employees.