United Way of Adams County Inc

Analysis

United Way of Adams County Inc is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in February 1948, 78 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 of Adams County Inc reported income of $1.2m and spending of $1.5m, spending 122% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.5m to $1.2m (-19%), an average of -5.1% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 91% 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 Adams County Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Native Ways Federation Inc ($1.2m), Nonprofit Leadership Center of Tampa Bay Inc ($1.2m) and North Dakota Stockmens Foundation ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $303k. At year end it held assets of $2.0m against liabilities of $103k, net assets of $1.9m. It reported 8 employees.