United Way of Whiteside County Inc

Analysis

United Way of Whiteside County Inc is a registered charity in United States, based in Rock Falls, IL. It received its IRS tax-exemption ruling in January 1960, 66 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, United Way of Whiteside County Inc reported income of $675k and spending of $694k, spending 103% of its income. Across the 4 years on record, from March 2020 to March 2023, income fell from $823k to $675k (-18%), an average of -6.4% a year. The sharpest change came in the year to March 2023, when income dropped by 27%. Over the whole period it spent 89% 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 Whiteside County Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Nishmat Avraham Inc ($675k), Core Foundation ($676k) and Hope Hospice Foundation ($674k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $80k (12% of expenses). Other salaries and wages came to $37k. At year end it held assets of $1.7m against liabilities of $526k, net assets of $1.2m. It reported 3 employees.