United Way of Sheboygan County Inc

Analysis

United Way of Sheboygan County Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in August 1953, 73 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 Sheboygan County Inc reported income of $2.2m and spending of $2.5m, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.5m to $2.2m (-13%), an average of -4.6% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 104% 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 Sheboygan County Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include Packages From Home ($2.2m), A Treasure of Dreams ($2.2m) and Greenfield Community College Foundation Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $125k (5.0% of expenses). Other salaries and wages came to $328k. At year end it held assets of $3.3m against liabilities of $1.5m, net assets of $1.8m. It reported 9 employees.