United Way of South Wood & Adams Counties Inc

Analysis

United Way of South Wood & Adams Counties Inc is a registered charity in United States, based in Wisc Rapids, WI. It received its IRS tax-exemption ruling in October 1965, 61 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 December 2023, United Way of South Wood & Adams Counties Inc reported income of $1.3m and spending of $879k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $950k to $1.3m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 89% 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 South Wood & Adams Counties Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within WI. Charities of a similar size with the same main cause include The Samaritan Medical Center Foundation of Northern New York in ($1.3m), United Way of Muskingum Perry & Morgan Counties Inc ($1.3m) and Friends of National Guard Families ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $90k (10% of expenses). Other salaries and wages came to $174k. At year end it held assets of $6.1m against liabilities of $19k, net assets of $6.0m. It reported 6 employees.