Columbus Area United Way Inc
Analysis
Columbus Area United Way Inc is a registered charity in United States, based in Columbus, NE. It received its IRS tax-exemption ruling in April 1996, 30 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, Columbus Area United Way Inc reported income of $1.9m and spending of $1.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $946k to $1.9m (+97%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 91% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Columbus Area United Way Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within NE. Charities of a similar size with the same main cause include Serve Spokane ($1.9m), Feedback Labs Inc ($1.9m) and Jewish Federation of Volusia & Flagler Counties ($1.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $76k (4.3% of expenses). Other salaries and wages came to $352k. At year end it held assets of $4.1m against liabilities of $1.0m, net assets of $3.1m. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Serve Spokane | Spokane | $1.9m |
| Feedback Labs Inc | Washington | $1.9m |
| Jewish Federation of Volusia & Flagler Counties | Ormond Beach | $1.9m |
| United Way of Rutherford County Inc | Spindale | $1.9m |