United Way of Central Louisiana Inc

Analysis

United Way of Central Louisiana Inc is a registered charity in United States, based in Alexandria, LA. It received its IRS tax-exemption ruling in January 1972, 54 years ago. 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 Central Louisiana Inc reported income of $673k and spending of $755k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $673k (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Central Louisiana Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within LA. Charities of a similar size with the same main cause include St Michael Day School Inc ($673k), Fox Valley Hands of Hope ($673k) and Volunteer Instructors Teaching Adults Inc ($673k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $307k. At year end it held assets of $1.2m against liabilities of $7,995, net assets of $1.2m. It reported 12 employees.