United Way of Cascade County
Analysis
United Way of Cascade County is a registered charity in United States, based in Black Eagle, MT. It received its IRS tax-exemption ruling in June 1969, 57 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, United Way of Cascade County reported income of $1.5m and spending of $1.5m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.4m to $1.5m (+5.4%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income dropped by 18%. Over the whole period it spent 98% 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 Cascade County sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within MT. Charities of a similar size with the same main cause include Friends of Mosaic United ($1.5m), Singer Foundation ($1.5m) and Mountrail County Health Foundation ($1.5m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $116k (7.8% of expenses). Other salaries and wages came to $376k. At year end it held assets of $944k against liabilities of $666k, net assets of $278k. It reported 11 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of Mosaic United | Southfield | $1.5m |
| Singer Foundation | Omaha | $1.5m |
| Mountrail County Health Foundation | Stanley | $1.5m |
| The Giving Circle | Boston | $1.5m |