United Way of Siouxland

Analysis

United Way of Siouxland is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in December 1964, 62 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 December 2023, United Way of Siouxland reported income of $3.1m and spending of $3.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $3.1m (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 99% 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 Siouxland sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IA. Charities of a similar size with the same main cause include United Way of Greater Kingsport Inc ($3.0m), Association for Information Systems ($3.1m) and Grand Action Foundation 2 0 ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $183k (6.2% of expenses). Other salaries and wages came to $286k. At year end it held assets of $6.5m against liabilities of $1.1m, net assets of $5.3m. It reported 9 employees.