United Way of Albany County Inc

Analysis

United Way of Albany County Inc is a registered charity in United States, based in Laramie, WY. It received its IRS tax-exemption ruling in May 1973, 53 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 2023, United Way of Albany County Inc reported income of $769k and spending of $766k, spending 100% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $487k to $769k (+58%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 47%. Over the whole period it spent 104% 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 Albany County Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within WY. Charities of a similar size with the same main cause include Shoreline Community College Foundation ($769k), Essex North Shore Agricultural Technical Foundation Inc ($769k) and St Albans Free Library ($769k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $109k. At year end it held assets of $1.2m against liabilities of $5,267, net assets of $1.2m. It reported 4 employees.