United Way of Wisconsin Inc

Analysis

United Way of Wisconsin Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 1989, 37 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 Wisconsin Inc reported income of $2.7m and spending of $2.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $600k to $2.7m (+354%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 96% 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 Wisconsin Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Korean-American Community Foundation Inc ($2.7m), Hadassah Foundation Inc ($2.7m) and Morton Community Foundation ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $170k (6.4% of expenses). Other salaries and wages came to $796k. At year end it held assets of $876k against liabilities of $294k, net assets of $583k. It reported 21 employees.