United Way of Marquette County

Analysis

United Way of Marquette County is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in July 1943, 83 years ago. 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 Marquette County reported income of $418k and spending of $393k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $314k to $418k (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Marquette County sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Trust Under Last Will & Testament H C Graham ($418k), St Marys Fransican Shelter for Homeless Families ($418k) and New Community Outreach ($417k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $69k (18% of expenses). Other salaries and wages came to $23k. At year end it held assets of $587k against liabilities of $277k, net assets of $310k. It reported 2 employees.