Fox Valley United Way

Analysis

Fox Valley United Way is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in March 1963, 63 years ago. 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, Fox Valley United Way reported income of $1.2m and spending of $1.2m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.2m (+2.3%), an average of +0.6% a year. The sharpest change came in the year to June 2020, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fox Valley United Way sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Trustees of the Berkshire Athenaeum ($1.2m), Whitley County Council on Aging Inc ($1.2m) and Habitat for Humanity International ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 0.6% of the total. Other salaries and wages came to $430k. At year end it held assets of $1.0m against liabilities of $206k, net assets of $820k. It reported 10 employees.