Mecosta-Osceola United Way

Analysis

Mecosta-Osceola United Way is a registered charity in United States, based in Big Rapids, MI. It received its IRS tax-exemption ruling in April 1984, 42 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, Mecosta-Osceola United Way reported income of $217k and spending of $201k, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $313k to $217k (-31%), an average of -8.7% a year. The sharpest change came in the year to September 2021, when income dropped by 37%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mecosta-Osceola United Way sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Jas Foundation ($217k), Jordan & Kyra Memorial Foundation ($217k) and Father Lopez Foundation Inc ($217k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $50k (25% of expenses). At year end it held assets of $195k against liabilities of $43k, net assets of $151k. It reported 1 employees.