United Way of Hunterdon County

Analysis

United Way of Hunterdon County is a registered charity in United States, based in Flemington, NJ. It received its IRS tax-exemption ruling in May 1985, 41 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 Hunterdon County reported income of $1.0m and spending of $1.3m, spending 123% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.4m to $1.0m (-26%), an average of -7.1% a year. The sharpest change came in the year to August 2023, when income dropped by 23%. 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 Hunterdon County sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Mondays Dark Inc ($1.0m), Business Education Fund ($1.0m) and New Day Foundation Inc ($1.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $125k (9.8% of expenses). Other salaries and wages came to $403k. At year end it held assets of $2.8m against liabilities of $512k, net assets of $2.3m. It reported 12 employees.