United Way of Greater Milwaukee & Waukesha County Inc

Analysis

United Way of Greater Milwaukee & Waukesha County Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 1942, 84 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 Greater Milwaukee & Waukesha County Inc reported income of $57.6m and spending of $63.2m, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $60.0m to $57.6m (-3.9%), an average of -1.3% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 93% 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 Greater Milwaukee & Waukesha County Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include Philadelphia Foundation ($57.3m), One Tree Planted Inc ($57.6m) and Prostate Cancer Foundation ($57.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $650k (1.0% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $52.6m against liabilities of $7.3m, net assets of $45.3m. It reported 131 employees.