United Way of Berks County

Analysis

United Way of Berks County is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Way of Berks County reported income of $12.0m and spending of $13.6m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.3m to $12.0m (+5.7%), an average of +1.4% a year. The sharpest change came in the year to December 2020, when income rose by 94%. Over the whole period it spent 90% 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 Berks County sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include New York Cares Inc ($11.9m), Friendship Foundation ($12.0m) and United Way of Monterey County ($11.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $342k (2.5% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $31.5m against liabilities of $3.8m, net assets of $27.6m. It reported 34 employees.