United Way of West Alabama Inc

Analysis

United Way of West Alabama Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in March 1972, 54 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, United Way of West Alabama Inc reported income of $6.4m and spending of $5.2m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $6.4m (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 90% 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 Alabama Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 96th percentile within AL. Charities of a similar size with the same main cause include Techbridge Inc ($6.4m), Americas Best Charities ($6.4m) and Long Beach Community Foundation ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $294k (5.7% of expenses). Other salaries and wages came to $697k. At year end it held assets of $7.6m against liabilities of $2.8m, net assets of $4.8m. It reported 19 employees.