United Way of Greater Mercer County Inc

Analysis

United Way of Greater Mercer County Inc is a registered charity in United States, based in Hamiliton, NJ. It received its IRS tax-exemption ruling in January 1938, 88 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, United Way of Greater Mercer County Inc 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 2019 to June 2023, income fell from $1.5m to $1.3m (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of Greater Mercer County Inc 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 85th percentile within NJ. Charities of a similar size with the same main cause include Gateway Charitable Foundation Inc ($1.3m), CLCS Realty Corporation ($1.3m) and United Way of Gaston County Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $190k (14% of expenses). Other salaries and wages came to $452k. It paid $57k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $721k, net assets of $895k. It reported 17 employees.