United Way of Dane County Foundation Inc

Analysis

United Way of Dane County Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in August 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Way of Dane County Foundation Inc reported income of $3.2m and spending of $833k, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $3.2m (+199%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 245%. Over the whole period it spent 22% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Dane County Foundation 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 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Lake Union Child Care ($3.2m), Texas Academy 4 ($3.2m) and Hemby Bridge Volunteer Fire Department Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $29.8m against liabilities of $45k, net assets of $29.8m.