United Way of the Greater Chippewa Valley Inc

Analysis

United Way of the Greater Chippewa Valley Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in September 1966, 60 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 the Greater Chippewa Valley Inc reported income of $1.7m and spending of $1.7m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.7m (-3.4%), an average of -0.9% a year. The sharpest change came in the year to June 2020, when income rose by 23%. Over the whole period it spent 99% 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 the Greater Chippewa Valley Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Holl Trust B Presbyterian Home ($1.7m), Greater Richmond Fit4kids Inc ($1.7m) and Rose Hill Foundation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $99k (5.7% of expenses). Other salaries and wages came to $286k. At year end it held assets of $2.0m against liabilities of $1.2m, net assets of $781k. It reported 11 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.