United Way of Onslow County Inc

Analysis

United Way of Onslow County Inc is a registered charity in United States, based in Jacksonville, NC. It received its IRS tax-exemption ruling in August 1975, 51 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 2024, United Way of Onslow County Inc reported income of $1.5m and spending of $1.2m, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $475k to $1.5m (+207%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 72%. Over the whole period it spent 84% 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 Onslow County Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include United Way of Greater McHenry County Inc ($1.5m), Peoples Heartland Foundation ($1.5m) and Thomas Alva Edison Foundation ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% and program service revenue 26% of the total. Other salaries and wages came to $229k. At year end it held assets of $1.4m against liabilities of $259k, net assets of $1.1m. It reported 3 employees.