United Way of Monroe County Inc

Analysis

United Way of Monroe County Inc is a registered charity in United States, based in Monroeville, AL. It received its IRS tax-exemption ruling in February 1995, 31 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 Monroe County Inc reported income of $91k and spending of $126k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $143k to $91k (-36%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 109% 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 Monroe County Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within AL. Charities of a similar size with the same main cause include Crescent Rotary Club Foundation Inc ($91k), Gage County United Way Inc ($91k) and Imperial Sovereign Queen City Court of the Buckeye Empire Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.