United Way of Gloucester County

Analysis

United Way of Gloucester County is a registered charity in United States, based in West Deptford, NJ. It received its IRS tax-exemption ruling in January 1965, 61 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, United Way of Gloucester County reported income of $785k and spending of $815k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.6m to $785k (-51%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 39%. Over the whole period it spent 98% 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 Gloucester County sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Al Kauser ($785k), Benton Community Foundation Inc ($786k) and Imani Collective Inc ($784k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $98k (12% of expenses). Other salaries and wages came to $159k. At year end it held assets of $2.7m against liabilities of $450k, net assets of $2.3m. It reported 4 employees.