United Way of Mahaska County

Analysis

United Way of Mahaska County is a registered charity in United States, based in Oskaloosa, IA. It received its IRS tax-exemption ruling in August 1963, 63 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Way of Mahaska County reported income of $401k and spending of $383k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $389k to $401k (+3.1%), an average of +0.8% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Mahaska County sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within IA. Charities of a similar size with the same main cause include Greater New Bedford Industrial Foundation Deltast ($401k), Peninsula Trails Coalition ($401k) and Jacksonville Leased Housing Corporation ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $91k (24% of expenses). Other salaries and wages came to $6,671. At year end it held assets of $621k against liabilities of $11k, net assets of $610k. It reported 3 employees.