Greater Gallatin United Way Inc

Analysis

Greater Gallatin United Way Inc is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in October 1979, 47 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, Greater Gallatin United Way Inc reported income of $4.3m and spending of $5.0m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $4.3m (+180%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 56%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Gallatin United Way 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 91st percentile, and in the 92nd percentile within MT. Charities of a similar size with the same main cause include United Way of Central West Virginia Inc ($4.3m), Hands on Atlanta Inc ($4.3m) and Fnub Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $96k (1.9% of expenses). Other salaries and wages came to $700k. At year end it held assets of $1.1m against liabilities of $242k, net assets of $884k. It reported 58 employees.