United Ways of Florida Inc

Analysis

United Ways of Florida Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in August 1981, 45 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, United Ways of Florida Inc reported income of $2.7m and spending of $2.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $773k to $2.7m (+247%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 463%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Ways of Florida Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Ladies Union Benevolent Association ($2.7m), Community Day Care and Pre-School Center Inc ($2.7m) and Habitat for Humanity International Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $194k (7.3% of expenses). Other salaries and wages came to $83k. At year end it held assets of $393k against liabilities of $120k, net assets of $273k. It reported 5 employees.