United Way Foundation of Hancock County Inc

Analysis

United Way Foundation of Hancock County Inc is a registered charity in United States, based in Findlay, OH. It received its IRS tax-exemption ruling in December 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 Way Foundation of Hancock County Inc reported income of $57k and spending of $41k, leaving 28% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $7,331 to $57k (+672%), an average of +50% a year. The sharpest change came in the year to December 2019, when income rose by 416%. Over the whole period it spent 138% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way Foundation of Hancock County Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within OH. Charities of a similar size with the same main cause include California Federation of Womens Clubs ($57k), Key Manor Apartments Inc ($57k) and Master Chorale of Fargo-Moorhead ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.