Capital Area United Way

Analysis

Capital Area United Way is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in June 1955, 71 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, Capital Area United Way reported income of $5.3m and spending of $6.7m, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.1m to $5.3m (-42%), an average of -13% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Capital Area United Way sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within LA. Charities of a similar size with the same main cause include Bicentennial Volunteers ($5.3m), Urban League of Palm Beach County Foundation Inc ($5.3m) and Westgate Foundation Inc ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $274k (4.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $13.0m against liabilities of $413k, net assets of $12.6m. It reported 29 employees.