United Way of the Lewis and Clark Area

Analysis

United Way of the Lewis and Clark Area is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in October 1966, 60 years ago. 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 2022, United Way of the Lewis and Clark Area reported income of $713k and spending of $658k, spending 92% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $975k to $713k (-27%), an average of -9.9% a year. The sharpest change came in the year to June 2021, when income dropped by 23%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of the Lewis and Clark Area sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within MT. Charities of a similar size with the same main cause include Somerset County Foundation for Higher Education ($713k), Livingston Meals on Wheels ($713k) and Onnie Mae Spruill Foundation Inc ($713k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 87% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $74k (11% of expenses). Other salaries and wages came to $103k. At year end it held assets of $1.2m against liabilities of $331k, net assets of $896k. It reported 5 employees.