United Way and Community Foundation of Greater Fort Dodge

Analysis

United Way and Community Foundation of Greater Fort Dodge is a registered charity in United States, based in Fort Dodge, IA. It received its IRS tax-exemption ruling in September 1995, 31 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 and Community Foundation of Greater Fort Dodge reported income of $4.9m and spending of $2.5m, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $4.9m (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 322%. Over the whole period it spent 58% 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 and Community Foundation of Greater Fort Dodge sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include Lutheran Scholarship Granting Organization of Indiana Inc ($4.9m), Asian Pacific Fund ($4.9m) and United Way of Northern Utah ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $136k (5.4% of expenses). Other salaries and wages came to $122k. At year end it held assets of $15.6m against liabilities of $1.2m, net assets of $14.5m. It reported 5 employees.