United Way of the Brown County Area Inc

Analysis

United Way of the Brown County Area Inc is a registered charity in United States, based in New Ulm, MN. It received its IRS tax-exemption ruling in February 1968, 58 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 July 2024, United Way of the Brown County Area Inc reported income of $217k and spending of $329k, spending 152% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income fell from $509k to $217k (-57%), an average of -16% a year. The sharpest change came in the year to July 2024, when income dropped by 26%. Over the whole period it spent 100% 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 the Brown County Area Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Opportunity Living Foundation ($217k), Nerium Ripple Foundation ($217k) and Medical Center Volunteers Inc ($217k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $93k. At year end it held assets of $363k against liabilities of $112k, net assets of $250k. It reported 3 employees.