United Way of Manistee County

Analysis

United Way of Manistee County is a registered charity in United States, based in Manistee, MI. It received its IRS tax-exemption ruling in July 2021, 5 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 March 2023, United Way of Manistee County reported income of $200k and spending of $218k, spending 109% of what it took in. Across the 6 years on record, from March 2018 to March 2023, income grew from $151k to $200k (+32%), an average of +5.7% a year. The sharpest change came in the year to March 2019, when income rose by 95%. Over the whole period it spent 104% 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 Manistee County sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Guys & Gals Community Partnership Inc ($200k), Adams Community Television ($200k) and PTA California Congress of Parents Teachers & Students Inc ($200k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Other salaries and wages came to $80k. At year end it held assets of $119k against liabilities of $15k, net assets of $104k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.