United Way of Marshall County Alabama-Inc

Analysis

United Way of Marshall County Alabama-Inc is a registered charity in United States, based in Guntersville, AL. It received its IRS tax-exemption ruling in December 1993, 33 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 Marshall County Alabama-Inc reported income of $767k and spending of $762k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $712k to $767k (+7.8%), an average of +1.9% a year. 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 Marshall County Alabama-Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within AL. Charities of a similar size with the same main cause include Ave Maria Foundation of Memphis Inc ($767k), JCGF Charitable TR ($768k) and Covered Corporation ($767k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $59k (7.8% of expenses). At year end it held assets of $993k against liabilities of $149k, net assets of $843k. It reported 4 employees.