United Fund of Globe-Miami Inc

Analysis

United Fund of Globe-Miami Inc is a registered charity in United States, based in Globe, AZ. It received its IRS tax-exemption ruling in September 1972, 54 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 Fund of Globe-Miami Inc reported income of $713k and spending of $539k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $655k to $713k (+8.8%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Fund of Globe-Miami Inc 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 72nd percentile within AZ. Charities of a similar size with the same main cause include Boys and Girls Clubs of Northeast Mississippi Inc ($712k), Peninsula Symphony of Northern California Association ($713k) and Pee Dee Regional Emergency Medical ($712k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $22k (4.1% of expenses). At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.