Rice County Area United Way

Analysis

Rice County Area United Way is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in April 1984, 42 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, Rice County Area United Way reported income of $437k and spending of $434k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $345k to $437k (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2020, when income rose by 69%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rice County Area United Way sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include Banderas Bay Charities Inc ($437k), Friends of Lenefesh Tidreshenu Inc ($437k) and Teamsters Local 399 Charity Fund ($437k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $68k (16% of expenses). Other salaries and wages came to $18k. At year end it held assets of $442k against liabilities of $246k, net assets of $196k. It reported 3 employees.