United Way of West Central Minnesota

Analysis

United Way of West Central Minnesota is a registered charity in United States, based in Willmar, MN. It received its IRS tax-exemption ruling in November 1953, 73 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 June 2023, United Way of West Central Minnesota reported income of $538k and spending of $710k, spending 132% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $620k to $538k (-13%), an average of -4.7% a year. Over the whole period it spent 97% 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 West Central Minnesota sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Phillips County Community Foundation Inc ($538k), The Endowment Fund for the Val a Browing Technology Learning ($538k) and Joe and Anna Schmitz and Pat and Anna Burke Charitable Trust ($537k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 12% of the total. Other salaries and wages came to $197k. At year end it held assets of $435k against liabilities of $226k, net assets of $208k. It reported 20 employees.