United Way of Larimer County Inc

Analysis

United Way of Larimer County Inc is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in June 1969, 57 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 Larimer County Inc reported income of $5.4m and spending of $6.0m, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $5.6m to $5.4m (-4.2%), an average of -1.4% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 96% 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 Larimer County Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include United Way of the Virginia Peninsula ($5.4m), Front Porch Investments ($5.4m) and The American Center for Philanthropy Inc ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $598k (9.9% of expenses). Other salaries and wages came to $854k. At year end it held assets of $7.7m against liabilities of $1.7m, net assets of $6.0m. It reported 28 employees.