United Way of Moore County Inc

Analysis

United Way of Moore County Inc is a registered charity in United States, based in Southern Pnes, NC. It received its IRS tax-exemption ruling in May 1969, 57 years ago. 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 2023, United Way of Moore County Inc reported income of $672k and spending of $620k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $595k to $672k (+13%), an average of +3.1% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Moore County Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Manna House Incorporated ($672k), Discovery Developmental Center Inc ($672k) and Santa Barbara Public Library Foundation ($672k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $84k (14% of expenses). Other salaries and wages came to $16k. At year end it held assets of $2.2m against liabilities of $43k, net assets of $2.1m. It reported 3 employees.