Northwoods United Way Inc

Analysis

Northwoods United Way Inc is a registered charity in United States, based in Rhinelander, WI. It received its IRS tax-exemption ruling in November 1976, 50 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, Northwoods United Way Inc reported income of $129k and spending of $151k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $177k to $129k (-27%), an average of -7.7% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Northwoods United Way Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within WI. Charities of a similar size with the same main cause include Embrace Kulture Inc ($129k), St Andrews By-The-Sea Foundation ($129k) and United Way for Spoon River Country ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $18k (12% of expenses). At year end it held assets of $244k against liabilities of $4,100, net assets of $240k. It reported 1 employees.