United Way of the Mid-Willamette Valley

Analysis

United Way of the Mid-Willamette Valley is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in March 1958, 68 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Way of the Mid-Willamette Valley reported income of $12.6m and spending of $13.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $12.6m (+292%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 91% 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 the Mid-Willamette Valley sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OR. Charities of a similar size with the same main cause include Kishorit ($12.6m), Far Brook School ($12.6m) and Colorado Coalition for the Homeless ($12.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $229k (1.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $7.1m against liabilities of $1.1m, net assets of $6.0m. It reported 200 employees.