United Way of Rice Lake Inc

Analysis

United Way of Rice Lake Inc is a registered charity in United States, based in Rice Lake, WI. It received its IRS tax-exemption ruling in October 1967, 59 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 Rice Lake Inc reported income of $84k and spending of $81k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $84k (-10.0%), an average of -10% a year. Over the whole period it spent 86% 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 Rice Lake Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within WI. Charities of a similar size with the same main cause include Wscga Junior Golf Foundation ($84k), Piga of Chicagoland NFP ($84k) and Jim and Margaret Krum Foundation Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $242k against liabilities of $61k, net assets of $181k.