United Way of Boone County Iowa Inc

Analysis

United Way of Boone County Iowa Inc is a registered charity in United States, based in Boone, IA. It received its IRS tax-exemption ruling in November 1949, 77 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 Boone County Iowa Inc reported income of $74k and spending of $62k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $74k (-15%), an average of -15% a year. Over the whole period it spent 105% 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 Boone County Iowa Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within IA. Charities of a similar size with the same main cause include The Robbie Levine Foundation ($74k), Morgante Wilson Foundation ($74k) and Restaurant Giving Circle Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $225k against liabilities of $0, net assets of $225k.