United Way of East Central Alabama

Analysis

United Way of East Central Alabama is a registered charity in United States, based in Anniston, AL. It received its IRS tax-exemption ruling in March 1956, 70 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 East Central Alabama reported income of $2.0m and spending of $1.7m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.0m (+86%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 100% 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 East Central Alabama 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 86th percentile, and in the 89th percentile within AL. Charities of a similar size with the same main cause include Invest to Protect Our Law Enforcement Officers Inc ($2.0m), Chamber of Commerce of Greater Kansas City Foundation ($2.0m) and Black United Fund of Oregon Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $152k (8.7% of expenses). Other salaries and wages came to $345k. At year end it held assets of $2.0m against liabilities of $42k, net assets of $2.0m. It reported 12 employees.