Mid-Plains United Way Inc

Analysis

Mid-Plains United Way Inc is a registered charity in United States, based in North Platte, NE. It received its IRS tax-exemption ruling in May 1983, 43 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 2023, Mid-Plains United Way Inc reported income of $170k and spending of $252k, spending 149% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $234k to $170k (-28%), an average of -10% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid-Plains United Way Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NE. Charities of a similar size with the same main cause include Little League Baseball Inc ($170k), Community Rides ($170k) and Los Angeles Section 8 Browning Lomod Corporation -3 ($170k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $44k (17% of expenses). Other salaries and wages came to $16k. At year end it held assets of $179k against liabilities of $2,283, net assets of $176k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.