United Way of Marathon County Inc

Analysis

United Way of Marathon County Inc is a registered charity in United States, based in Wausau, WI. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Way of Marathon County Inc reported income of $3.4m and spending of $3.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.4m (+2.0%), an average of +0.5% a year. Over the whole period it spent 100% 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 Marathon County Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include The Hokie Way Inc ($3.4m), Community Foundation of Carroll County Inc ($3.4m) and The Childrens Heart Foundation ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $174k (5.1% of expenses). Other salaries and wages came to $729k. At year end it held assets of $5.2m against liabilities of $2.6m, net assets of $2.6m. It reported 27 employees.