United Way of Wapello County Iowa Inc

Analysis

United Way of Wapello County Iowa Inc is a registered charity in United States, based in Ottumwa, IA. It received its IRS tax-exemption ruling in October 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 June 2023, United Way of Wapello County Iowa Inc reported income of $468k and spending of $556k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $628k to $468k (-25%), an average of -7.1% a year. The sharpest change came in the year to June 2021, when income rose by 61%. 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, United Way of Wapello County Iowa Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within IA. Charities of a similar size with the same main cause include Smach Zevilin of Ny Inc ($468k), Harbor House-Northwest Georgia Child Advocacy Center Inc ($468k) and Kiwanis Foundation of Indianapolis Inc ($468k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $204k. At year end it held assets of $2.2m against liabilities of $14k, net assets of $2.2m. It reported 7 employees.