Roane County United Way

Analysis

Roane County United Way is a registered charity in United States, based in Harriman, TN. It received its IRS tax-exemption ruling in June 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 March 2024, Roane County United Way reported income of $187k and spending of $152k, spending 81% of its income. Across the 6 years on record, from December 2019 to March 2024, income fell from $284k to $187k (-34%), an average of -8.0% a year. The sharpest change came in the year to March 2024, when income rose by 911%. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Roane County United Way sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include Family Promise of Kandiyohi County Inc ($187k), Impact 100 Men Inc ($187k) and Coach Blair Charities ($187k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $56k (37% of expenses). At year end it held assets of $620k against liabilities of $10k, net assets of $609k.