Branch County United Way Inc

Analysis

Branch County United Way Inc is a registered charity in United States, based in Coldwater, MI. It received its IRS tax-exemption ruling in November 1976, 50 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Branch County United Way Inc reported income of $271k and spending of $223k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $257k to $271k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Branch County United Way Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Louise Marshall Trust Uw ($271k), 3 to 1 Foundation ($271k) and Lakes Area United Way ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. Compensation of current officers, directors and key employees was $50k (22% of expenses). At year end it held assets of $374k against liabilities of $1,377, net assets of $372k. It reported 1 employees.