Operating record

United Way Of Greater New Bedford Inc

New Bedford, MA · EIN 04-2104264 · files full Form 990 · latest public year 2024

YearMoney inMoney outResultReserve mo.Staffing
2020$3,844,294$3,902,187−$57,8934.728%
2021$6,152,242$5,820,583$331,6594.521%
2022$4,464,840$4,252,106$212,7345.629%
2023$2,861,061$2,838,710$22,35111.634%
2024$3,093,342$2,915,151$178,19112.634%

In its most recent public year (2024), this organization brought in $178,191 more than it spent. Its reserves stood at about 12.6 months of spending, up from 4.7 in 2020. Staff pay was 34% of spending. $508,951 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗