United Way of Central Illinois Inc

Analysis

United Way of Central Illinois Inc is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in March 1942, 84 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 December 2023, United Way of Central Illinois Inc reported income of $2.1m and spending of $2.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $2.1m (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2021, when income rose by 39%. 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 Central Illinois Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include The Charity Ball Association of San Antonio Inc ($2.1m), School the World ($2.1m) and Realities for Children Charities ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $140k (6.6% of expenses). Other salaries and wages came to $380k. At year end it held assets of $8.5m against liabilities of $781k, net assets of $7.7m. It reported 10 employees.