1 minute read

FINANCIAL STABILITY

Next Article
EDUCATION

EDUCATION

We Live United For Financial Stability

Financial stability is critical for our neighbors to live better lives. Nearly half of Central Florida’s households are struggling to make ends meet. They are the ALICE (Asset Limited, Income Constrained, Employed) population, where financial stability seems impossible to achieve while living paycheck-to-paycheck. Heart of Florida United Way served 89,748 Central Floridians during the 2021-2022 fiscal year through financial stability programs.

United Way Programs Impact Results

Our Volunteer Income Tax Assistance (VITA) program provided 2,005 households with free tax preparation at convenient sites and through the MyFreeTaxes online tax preparation system, resulting in $2,864,663 in tax refunds. United Way’s Financial Stability Coalition assisted 475 low-to-moderate households who were qualified to claim the federal Earned Income Tax Credit (EITC).

Heart of Florida United Way provided 882 people and their families with $2,090,186 in emergency rent/ mortgage and utility assistance with the support of the Emergency Food & Shelter Program, OUC Project CARE, and Duke Energy Share the Light programs.

United Way Investment Impact Results

• 2,746 individuals accessed affordable financial services (e.g., checking and saving accounts, credit cards, loans, etc.)

• 2,416 individuals accessed affordable housing options

• 1,160 youth and 1,944 adults received job skills training

• 97% of those involved in a United Way program increased their disposable income by accessing benefits and/or reducing their costs

This article is from: