Merrill Area United Way Inc

Analysis

Merrill Area United Way Inc is a registered charity in United States, based in Merrill, WI. It received its IRS tax-exemption ruling in March 1979, 47 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, Merrill Area United Way Inc reported income of $333k and spending of $313k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $333k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Merrill Area United Way Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include The Temagami Community Foundation ($333k), Greater Brewton Foundation ($333k) and Springboardnext Inc ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $32k. At year end it held assets of $700k against liabilities of $215k, net assets of $484k. It reported 1 employees.