United Way of Southwest Alabama Inc

Analysis

United Way of Southwest Alabama Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in March 1958, 68 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 June 2023, United Way of Southwest Alabama Inc reported income of $3.3m and spending of $3.4m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.6m to $3.3m (-8.9%), an average of -2.3% a year. Over the whole period it spent 99% 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 Southwest Alabama Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within AL. Charities of a similar size with the same main cause include Imamia Medics International Inc ($3.3m), BMCC Foundation Inc ($3.3m) and World of Discovery Day Camp of Queens Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $225k (6.6% of expenses). At year end it held assets of $2.3m against liabilities of $323k, net assets of $2.0m. It reported 17 employees.