United Way Quad Cities

Analysis

United Way Quad Cities is a registered charity in United States, based in Bettendorf, IA. It received its IRS tax-exemption ruling in August 1972, 54 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 2024, United Way Quad Cities reported income of $6.7m and spending of $6.9m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $7.4m to $6.7m (-9.4%), an average of -2.5% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 94% 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 Quad Cities sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within IA. Charities of a similar size with the same main cause include Mission Increase ($6.7m), Community Giving Foundation ($6.7m) and Fondos Unidos de Puerto Rico Inc ($6.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $457k (6.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $13.6m against liabilities of $3.8m, net assets of $9.8m. It reported 26 employees.