United Way of Merced County Inc

Analysis

United Way of Merced County Inc is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in July 1971, 55 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 Merced County Inc reported income of $2.7m and spending of $2.3m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.7m (+65%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 91% 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 Merced County Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Muskegon Museum of Art Foundation ($2.7m), Brown County Community Foundation Inc ($2.7m) and Northern Chautauqua Community Foundation Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 20% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $6.6m against liabilities of $5.0m, net assets of $1.5m. It reported 34 employees.