Hampshire Community United Way

Analysis

Hampshire Community United Way is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in August 1955, 71 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hampshire Community United Way reported income of $1.3m and spending of $1.4m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.3m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hampshire Community United Way sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include United Way of Muskingum Perry & Morgan Counties Inc ($1.3m), Barth Syndrome Foundation Inc ($1.3m) and United Way of South Wood & Adams Counties Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $95k (6.7% of expenses). Other salaries and wages came to $267k. At year end it held assets of $1.7m against liabilities of $804k, net assets of $910k. It reported 7 employees.