United Way of Weld County Inc

Analysis

United Way of Weld County Inc is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in May 1970, 56 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, United Way of Weld County Inc reported income of $7.5m and spending of $7.7m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.7m to $7.5m (+58%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 99% 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 Weld County Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Adopt a Platoon ($7.5m), Just Keep Livin Foundation ($7.5m) and Veterans United Foundation ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $162k (2.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $5.8m against liabilities of $1.7m, net assets of $4.1m. It reported 74 employees.