United Way of West Florida Inc

Analysis

United Way of West Florida Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in August 2005, 21 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 West Florida Inc reported income of $4.1m and spending of $3.0m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $4.1m (+25%), an average of +5.6% a year. The sharpest change came in the year to June 2023, when income rose by 72%. 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, United Way of West Florida Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Myvtzer Hayeshivos ($4.1m), Mercy Ships Foundation ($4.1m) and Venable Baetjer and Howard Foundation ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $120k (4.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.2m against liabilities of $766k, net assets of $3.5m. It reported 42 employees.