United Fund of South Milam County

Analysis

United Fund of South Milam County is a registered charity in United States, based in Rockdale, TX. It received its IRS tax-exemption ruling in October 1970, 56 years ago. 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 Fund of South Milam County reported income of $54k and spending of $81k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $65k to $54k (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Fund of South Milam County sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Peoples Foundation for Better Opportunities ($54k), Full Gospel Businessmens Fellowship International ($54k) and Mildred Mindell Foundation Inc ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.