United Way of Southeast Alaska

Analysis

United Way of Southeast Alaska is a registered charity in United States, based in Juneau, AK. It received its IRS tax-exemption ruling in March 1987, 39 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 August 2023, United Way of Southeast Alaska reported income of $509k and spending of $624k, spending 123% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $655k to $509k (-22%), an average of -6.1% a year. The sharpest change came in the year to August 2021, when income rose by 169%. Over the whole period it spent 101% 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 Southeast Alaska 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 70th percentile, and in the 67th percentile within AK. Charities of a similar size with the same main cause include Community Foundation for the Twin Tiers ($509k), Siguiendo Los Pasos de Jesus Inc ($509k) and The Martin Family Foundation Inc ($509k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 91% and program service revenue 9.4% of the total. Compensation of current officers, directors and key employees was $76k (12% of expenses). Other salaries and wages came to $106k. At year end it held assets of $118k against liabilities of $159k, net assets of -$40k. It reported 20 employees.