United Way of Monroe-Lenawee Counties Inc

Analysis

United Way of Monroe-Lenawee Counties Inc is a registered charity in United States, based in Monroe, MI. It received its IRS tax-exemption ruling in August 1952, 74 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 2023, United Way of Monroe-Lenawee Counties Inc reported income of $1.2m and spending of $1.3m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.3m to $1.2m (-11%), an average of -3.9% a year. Over the whole period it spent 106% 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 Monroe-Lenawee Counties Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include National Christian Charitable Foundation Inc ($1.2m), KBR Charitable Foundation Inc ($1.2m) and Des Moines Art Festival Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $91k (7.3% of expenses). Other salaries and wages came to $157k. At year end it held assets of $1.1m against liabilities of $530k, net assets of $571k. It reported 11 employees.