United Way of Loudon County Inc

Analysis

United Way of Loudon County Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in May 1972, 54 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 March 2024, United Way of Loudon County Inc reported income of $160k and spending of $103k, leaving 36% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income fell from $399k to $160k (-60%), an average of -20% a year. The sharpest change came in the year to March 2024, when income dropped by 56%. Over the whole period it spent 90% 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 Loudon County Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Port Orchard Rotary Foundation ($160k), Kingdom of Callaway Historical Society ($160k) and Gladys Carwile Haring Trust Uw ($160k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $498k against liabilities of $6,357, net assets of $492k.