The United Way of Northeast Louisiana Inc

Analysis

The United Way of Northeast Louisiana Inc is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in August 1957, 69 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, The United Way of Northeast Louisiana Inc reported income of $4.6m and spending of $4.6m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $4.7m to $4.6m (-2.4%), an average of -0.8% a year. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The United Way of Northeast Louisiana Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within LA. Charities of a similar size with the same main cause include Community Foundation of Mendocino County Inc ($4.6m), Goodwill of Colorado Foundation ($4.6m) and Community Foundation for Brevard Inc ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $190k (4.1% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.6m against liabilities of $1.4m, net assets of $3.3m. It reported 53 employees.