United Way of Lee County Inc

Analysis

United Way of Lee County Inc is a registered charity in United States, based in Lillington, NC. It received its IRS tax-exemption ruling in May 1962, 64 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 August 2023, United Way of Lee County Inc reported income of $196k and spending of $167k, spending 85% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $209k to $196k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to August 2021, when income dropped by 33%. Over the whole period it spent 93% 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 Lee County Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include Great River Arts Association ($196k), Dante University of America Foundation Inc ($197k) and Independent Montefiore Shelter Home ($196k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $296k against liabilities of $81k, net assets of $215k.