United Way of Illinois Inc

Analysis

United Way of Illinois Inc is a registered charity in United States, based in Rock Falls, IL. It received its IRS tax-exemption ruling in August 1978, 48 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 Illinois Inc reported income of $92k and spending of $113k, spending 123% of what it took in. Across the 2 years on record, from June 2020 to June 2023, income fell from $208k to $92k (-56%), an average of -56% a year. The sharpest change came in the year to June 2023, when income dropped by 56%. Over the whole period it spent 109% 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 Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Crockett Christmas Store ($92k), Honestdefi Inc ($92k) and McCormick Smith Fund Inc ($92k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.