United Way of Northeast Michigan

Analysis

United Way of Northeast Michigan is a registered charity in United States, based in Alpena, MI. It received its IRS tax-exemption ruling in July 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 December 2023, United Way of Northeast Michigan reported income of $196k and spending of $241k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $173k to $196k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 116% 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 Northeast Michigan sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Jewish Childrens Fund Inc ($196k), Harriet M Sherman TR Uw ($196k) and Buffalo County Agricultural Fair Association Inc ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $61k. At year end it held assets of $222k against liabilities of $51k, net assets of $171k. It reported 4 employees.