Wright County Area United Way

Analysis

Wright County Area United Way is a registered charity in United States, based in Monticello, MN. It received its IRS tax-exemption ruling in March 1966, 60 years ago. 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, Wright County Area United Way reported income of $130k and spending of $136k, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $231k to $130k (-44%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wright County Area United Way sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Mansfield Girls Softball Association ($130k), Ness County Bank Building Foundation Inc ($130k) and Three Rivers Independent Living Corporation ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.