Oelwein Area United Way Inc

Analysis

Oelwein Area United Way Inc is a registered charity in United States, based in Oelwein, IA. It received its IRS tax-exemption ruling in December 1984, 42 years ago. 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 2024, Oelwein Area United Way Inc reported income of $71k and spending of $75k, spending 105% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $69k to $71k (+3.1%), an average of +1.6% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oelwein Area United Way Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within IA. Charities of a similar size with the same main cause include PTA Pennsylvania Congress ($71k), Soap Lake Food Bank ($71k) and James Henry Counseling Associates ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 14% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.