TPhilanthropy, Voluntarism & GrantmakingEIN: 410857077· Ruling Year: 1962

Head Of The Lakes United Way

Duluth, Minnesota

CHealth Score
43C

Financial Health Score

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

Below Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org4.10×
Peer Median15.61×
💰
$1.6M
Total Revenue
📊
$1.8M
Total Expenses
🏦
$7.5M
Net Assets
📋
$718K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.2%
Year-over-year change (2022 → 2023)
Net Margin
-15.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.10
Net assets divided by total expenses
Liabilities-to-Assets
8.8%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,569,8495%$1,819,0444%$8,182,3812%
2022$1,656,78510%$1,893,8433%$8,000,34812%
2021$1,838,90710%$1,833,16212%$9,050,78521%
2020$2,032,7467%$2,094,10411%$7,451,0133%
2019$2,191,8726%$2,344,5272%$7,214,4731%
2018$2,324,0079%$2,380,9651%$7,118,3504%
2017$2,547,9688%$2,401,6491%$6,838,8509%
2016$2,780,70929%$2,431,8699%$6,248,5706%
2015$2,154,4119%$2,228,1716%$5,887,5813%
2014$2,355,2491%$2,375,9455%$6,063,9398%
2013$2,373,2527%$2,509,9522%$5,593,7114%
2012$2,541,736$2,565,446$5,403,445

Frequently Asked Questions

What does Head Of The Lakes United Way do?

Head Of The Lakes United Way is a philanthropy, voluntarism & grantmaking nonprofit organization based in Minnesota. It is classified under NTEE code T70 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Head Of The Lakes United Way financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Head Of The Lakes United Way.

How much revenue does Head Of The Lakes United Way generate?

Head Of The Lakes United Way reports $1.6M in annual revenue and holds $8.5M in total assets, based on IRS filings.

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