United Way of Greater Union County Inc

Analysis

United Way of Greater Union County Inc is a registered charity in United States, based in Rahway, NJ. It received its IRS tax-exemption ruling in April 1969, 57 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 August 2023, United Way of Greater Union County Inc reported income of $3.8m and spending of $4.5m, spending 119% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.8m to $3.8m (-21%), an average of -5.8% a year. The sharpest change came in the year to August 2020, when income dropped by 26%. 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, United Way of Greater Union County Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Birmingham Jewish Federation ($3.8m), Asheville Area Chamber of Commerce Community Betterment Foundation ($3.8m) and Mutual Aid Sharing Plan ($3.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $959k. At year end it held assets of $3.2m against liabilities of $2.5m, net assets of $621k. It reported 18 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.