Lenoir County United Way

Analysis

Lenoir County United Way is a registered charity in United States, based in Kinston, NC. It received its IRS tax-exemption ruling in September 1955, 71 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, Lenoir County United Way reported income of $512k and spending of $344k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $491k to $512k (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2023, when income rose by 178%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lenoir County United Way sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include County United Way Inc ($511k), Hugh Chatham Memorial Hospital Foundation ($512k) and Henrik Lundqvist Foundation Inc ($511k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $71k. At year end it held assets of $844k against liabilities of $54k, net assets of $790k. It reported 2 employees.