United Way of the Bradford Area Inc

Analysis

United Way of the Bradford Area Inc is a registered charity in United States, based in Bradford, PA. It received its IRS tax-exemption ruling in May 1955, 71 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 the Bradford Area Inc reported income of $338k and spending of $327k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $380k to $338k (-11%), an average of -3.8% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 90% 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 Bradford Area Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Avila Beach Community Foundation ($338k), Fifty Over Fifty Inc ($338k) and Nhhi-Champlin Inc ($338k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $50k (15% of expenses). Other salaries and wages came to $2,948. At year end it held assets of $1.1m against liabilities of $3,298, net assets of $1.1m. It reported 1 employees.