United Way of Metropolitan Dallas Inc

Analysis

United Way of Metropolitan Dallas Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 1961, 65 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, United Way of Metropolitan Dallas Inc reported income of $68.9m and spending of $54.2m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $64.8m to $68.9m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to June 2020, when income dropped by 15%. 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, United Way of Metropolitan Dallas Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Jewish Community Foundation of Greater Metrowest NJ ($68.5m), Waterstone Support Foundation Inc ($69.0m) and The Albertsons Companies Foundation ($68.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $2.4m (4.4% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $58.7m against liabilities of $12.7m, net assets of $46.0m. It reported 109 employees.