Logo for "United Way Of Massachusetts Bay Inc"

United Way Of Massachusetts Bay Inc

United Way Of Massachusetts Bay Inc

Boston, MA, US
•
501(c)(3)
•
EIN
04-2382233
•
www.unitedwaymassbay.org
•
Regional Funder
Women Led
BIPOC Led
LGBTQ+ Led
Logo for "United Way Of Massachusetts Bay Inc"

United Way Of Massachusetts Bay Inc

Boston, MA, US
•
501(c)(3)
•
EIN
04-2382233
•
www.unitedwaymassbay.org
•
Regional Funder
Women Led
BIPOC Led
LGBTQ+ Led
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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Board & Team
Financials
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Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
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Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$48,455,281

Contributions
53%
Government Grants
34%
Other
8%
Investments
2%
Fundraising Events
2%
Program Services
<1%
Membership Dues
0%
Expenses in 2024

$54,913,932

Grants
74%
Salaries & Benefits
19%
Other
4%
Offices, Occupancy & IT
3%
Depreciation
<1%
Fees to Service Providers
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$23,623,472
$25,683,353
+9%
Government Grants
$18,352,869
$16,651,816
-9%
Fundraising Events
$1,136,178
$782,459
-31%
Program Services
$87,878
$195,253
+122%
Membership Dues
$0
$0
-
Investments
$773,820
$1,124,366
+45%
Other
$2,643,446
$4,018,034
+52%
Total Revenues
$46,617,663
$48,455,281
+4%
Expenses
2023
2024
Change
Grants
$38,570,951
$40,659,898
+5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$8,570,473
$10,170,280
+19%
Fees to Service Providers
$158,779
$137,968
-13%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,865,556
$1,725,392
-8%
Interest
$0
$0
-
Depreciation
$225,916
$233,023
+3%
Other
$1,762,431
$1,987,371
+13%
Total Expenses
$51,154,106
$54,913,932
+7%
Net income
2023
2024
Change
Net income
-$4,536,443
-$6,458,651
-42%
Functional Expenses
Summary
2023
2024
Change
Program
$44,758,858
$47,693,561
+7%
Admin
$1,707,459
$1,360,417
-20%
Fundraising
$4,687,789
$5,859,954
+25%
Total Expenses
$51,154,106
$54,913,932
+7%
Income Statement
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