Cooke County United Way Inc

Analysis

Cooke County United Way Inc is a registered charity in United States, based in Gainesville, TX. It received its IRS tax-exemption ruling in October 1956, 70 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, Cooke County United Way Inc reported income of $374k and spending of $431k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $142k to $374k (+163%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 4951%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cooke County United Way Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Waunakee Ecumenical Board Inc ($374k), Association for Benevolent Care Inc ($374k) and Sams Fans ($374k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $76k (18% of expenses). At year end it held assets of $1.6m against liabilities of $1,540, net assets of $1.6m. It reported 1 employees.