United Way of Central Arkansas Inc

Analysis

United Way of Central Arkansas Inc is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in May 1972, 54 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 June 2023, United Way of Central Arkansas Inc reported income of $495k and spending of $433k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $607k to $495k (-19%), an average of -5.0% a year. The sharpest change came in the year to June 2022, when income dropped by 29%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of Central Arkansas Inc 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 70th percentile, and in the 72nd percentile within AR. Charities of a similar size with the same main cause include Douglas County Community Foundation ($495k), Caring Community Thrift Stores Inc ($495k) and Global Action Platform ($494k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $64k (15% of expenses). Other salaries and wages came to $57k. At year end it held assets of $443k against liabilities of $119k, net assets of $324k. It reported 5 employees.