United Way of Lee County Inc

Analysis

United Way of Lee County Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in May 1964, 62 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 2022, United Way of Lee County Inc reported income of $30.0m and spending of $27.8m, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $14.1m to $30.0m (+113%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 97% 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 Lee County Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Community Foundation of the Chattahoochee Valley Inc ($29.9m), United Charitable ($30.2m) and Community Foundation of Greenville Inc ($29.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $308k (1.1% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $16.0m against liabilities of $4.9m, net assets of $11.1m. It reported 93 employees.