United Way of Morgan County Colorado
Analysis
United Way of Morgan County Colorado is a registered charity in United States, based in Ft Morgan, CO. It received its IRS tax-exemption ruling in January 1962, 64 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 December 2023, United Way of Morgan County Colorado reported income of $612k and spending of $630k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $269k to $612k (+127%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 75% 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 Morgan County Colorado sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Pregnancy Resources Inc ($612k), Women in Fire ($612k) and Twin Haven Inc ($612k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $116k. At year end it held assets of $604k against liabilities of $62k, net assets of $542k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Pregnancy Resources Inc | Melbourne | $612k |
| Women in Fire | Buffalo | $612k |
| Twin Haven Inc | East Lyme | $612k |
| Develop for Good | San Francisco | $612k |