United Way of Champaign County Illinois Inc

Analysis

United Way of Champaign County Illinois Inc is a registered charity in United States, based in Savoy, IL. It received its IRS tax-exemption ruling in October 1971, 55 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 Champaign County Illinois Inc reported income of $5.7m and spending of $5.0m, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.5m to $5.7m (+26%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 96% 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 Champaign County Illinois Inc 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 92nd percentile within IL. Charities of a similar size with the same main cause include Jewish Federation of Western Massachusetts Inc ($5.7m), The Nathaniel Foundation Inc ($5.7m) and The Catholic Foundation of Central Florida Inc ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $266k (5.3% of expenses). Other salaries and wages came to $505k. At year end it held assets of $7.8m against liabilities of $2.3m, net assets of $5.5m. It reported 13 employees.