United Way of Pekin

Analysis

United Way of Pekin is a registered charity in United States, based in Pekin, IL. It received its IRS tax-exemption ruling in May 1959, 67 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 Pekin reported income of $347k and spending of $368k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $444k to $347k (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2022, when income dropped by 39%. Over the whole period it spent 107% 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 Pekin sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Lecom Student Government Association Inc ($347k), Talor Gooch Foundation Inc ($347k) and Alads Cares Foundation ($346k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $9,679 (2.6% of expenses). Other salaries and wages came to $62k. At year end it held assets of $507k against liabilities of $252k, net assets of $255k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.