Streator Area United Way Inc

Analysis

Streator Area United Way Inc is a registered charity in United States, based in Streator, IL. It received its IRS tax-exemption ruling in February 1950, 76 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Streator Area United Way Inc reported income of $248k and spending of $292k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $291k to $248k (-15%), an average of -3.9% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Streator Area United Way Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Roads to Freedom ($248k), Stoneworks International Inc ($248k) and Allatoona Resource Center Inc ($248k).

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 $35k (12% of expenses). At year end it held assets of $526k against liabilities of $262k, net assets of $264k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.