TPhilanthropy, Voluntarism & GrantmakingEIN: 010241767· Ruling Year: 1956

United Way Inc

Portland, Maine

B+Health Score
72B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.32×
Peer Median15.61×
💰
$12.3M
Total Revenue
📊
$13.9M
Total Expenses
🏦
$18.3M
Net Assets
📋
$4.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.6%
Year-over-year change (2022 → 2023)
Net Margin
-13.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.32
Net assets divided by total expenses
Liabilities-to-Assets
18.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$12,277,8928%$13,922,81632%$22,491,0637%
2022$13,282,47742%$10,550,0479%$21,043,6827%
2021$9,363,6993%$9,655,4572%$19,637,24813%
2020$9,606,11910%$9,841,3764%$17,437,8349%
2019$8,763,52722%$9,417,7131%$19,226,8173%
2018$11,269,46017%$9,318,5022%$19,900,3853%
2017$9,652,9647%$9,136,0484%$19,273,8964%
2016$9,007,1017%$8,790,017$18,455,7451%
2015$8,401,67810%$8,755,9287%$18,647,3361%
2014$9,316,3935%$9,408,6661%$18,755,1842%
2013$8,904,4012%$9,539,2736%$18,367,0152%
2012$9,082,8397%$8,965,1494%$17,928,9653%
2011$9,752,467$9,305,526$17,446,571

Frequently Asked Questions

What does United Way Inc do?

United Way Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Maine. It is classified under NTEE code T70Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is United Way Inc financially healthy?

Based on our 9-metric Financial Health Score model, United Way Inc has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does United Way Inc generate?

United Way Inc reports $9.5M in annual revenue and holds $20.2M in total assets, based on IRS filings.

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