River Region United Way

Analysis

River Region United Way is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in November 1953, 73 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 September 2023, River Region United Way reported income of $2.4m and spending of $1.9m, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.2m to $2.4m (-25%), an average of -7.1% a year. The sharpest change came in the year to September 2023, when income dropped by 40%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, River Region United Way sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 91st percentile within AL. Charities of a similar size with the same main cause include MBCH Foundation ($2.4m), First Look for Charity Foundation ($2.4m) and Jubilee Gift Galaxy Inc ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $113k (5.9% of expenses). Other salaries and wages came to $386k. At year end it held assets of $9.9m against liabilities of $1.7m, net assets of $8.2m. It reported 14 employees.