United Way of Northwest Illinois Inc

Analysis

United Way of Northwest Illinois Inc is a registered charity in United States, based in Freeport, IL. It received its IRS tax-exemption ruling in November 1950, 76 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 Illinois Inc reported income of $552k and spending of $484k, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $610k to $552k (-9.5%), an average of -3.3% a year. The sharpest change came in the year to June 2022, when income dropped by 31%. 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 Northwest Illinois Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Best Beginnings ($552k), Johnson Oconnor Research Support Corporation ($552k) and Baltimore Jewish Eldercare Foundation Inc ($552k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $67k (14% of expenses). Other salaries and wages came to $29k. At year end it held assets of $975k against liabilities of $20k, net assets of $955k. It reported 2 employees.