United Way of the Titusville Region

Analysis

United Way of the Titusville Region is a registered charity in United States, based in Titusville, PA. It received its IRS tax-exemption ruling in November 1950, 76 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 December 2023, United Way of the Titusville Region reported income of $264k and spending of $289k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $316k to $264k (-17%), an average of -4.4% a year. Over the whole period it spent 105% 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 the Titusville Region sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Ann B Hearin Foundation ($264k), Bridgeport Public Education Fund Inc ($264k) and United Way of Illinois Valley Inc ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 40% of the total. Other salaries and wages came to $83k. At year end it held assets of $399k against liabilities of $4,623, net assets of $394k. It reported 4 employees.