United Way of Illinois Valley Inc

Analysis

United Way of Illinois Valley Inc is a registered charity in United States, based in Peru, IL. It received its IRS tax-exemption ruling in January 1969, 57 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 March 2024, United Way of Illinois Valley Inc reported income of $263k and spending of $258k, spending 98% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $262k to $263k (+0.6%), an average of +0.1% a year. The sharpest change came in the year to March 2022, when income dropped by 34%. Over the whole period it spent 87% 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 Illinois Valley Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Musselshell Valley Community Foundation ($263k), Ann B Hearin Foundation ($264k) and Barrow County Cooperative Benevolence Ministries Inc ($263k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 90% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $81k (31% of expenses). At year end it held assets of $491k against liabilities of $126k, net assets of $365k. It reported 1 employees.