United Way of Coles County Inc

Analysis

United Way of Coles County Inc is a registered charity in United States, based in Mattoon, IL. It received its IRS tax-exemption ruling in November 1958, 68 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 September 2023, United Way of Coles County Inc reported income of $187k and spending of $214k, spending 114% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $301k to $187k (-38%), an average of -11% a year. The sharpest change came in the year to September 2023, when income dropped by 34%. Over the whole period it spent 95% 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 Coles County Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Rhino Foods Foundation Inc ($187k), William and Barbara Fitzgerald Family Foundation ($188k) and United Way of Dodge County ($187k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $37k (17% of expenses). At year end it held assets of $135k against liabilities of $1,217, net assets of $133k. It reported 1 employees.