United Ways of Alabama

Analysis

United Ways of Alabama is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in November 2004, 22 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 Ways of Alabama reported income of $3.2m and spending of $3.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $3.2m (+168%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 92% 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 Ways of Alabama sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 93rd percentile within AL. Charities of a similar size with the same main cause include Fish ($3.2m), Jewish Community Federation of Richmond ($3.2m) and Polk County Community Foundation Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $92k (2.9% of expenses). Other salaries and wages came to $132k. At year end it held assets of $3.0m against liabilities of $803k, net assets of $2.2m. It reported 6 employees.