United Way of Carlton and Pine County Area

Analysis

United Way of Carlton and Pine County Area is a registered charity in United States, based in Cloquet, MN. It received its IRS tax-exemption ruling in July 1980, 46 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 Carlton and Pine County Area reported income of $331k and spending of $324k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $354k to $331k (-6.5%), an average of -1.7% a year. Over the whole period it spent 93% 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 Carlton and Pine County Area sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Social Venture Partners MN ($331k), Maji Safi Group ($332k) and New Beginnings Are Possible Inc ($331k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $57k (17% of expenses). Other salaries and wages came to $20k. At year end it held assets of $626k against liabilities of $178k, net assets of $448k. It reported 5 employees.