United Way of Beaver County Incorporated

Analysis

United Way of Beaver County Incorporated is a registered charity in United States, based in Beaver, PA. It received its IRS tax-exemption ruling in June 1961, 65 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 Beaver County Incorporated reported income of $1.4m and spending of $811k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $688k to $1.4m (+100%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 82% 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 Beaver County Incorporated 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 81st percentile within PA. Charities of a similar size with the same main cause include United Way of the Eastern Panhandle Inc ($1.4m), United Way of Whatcom County ($1.4m) and United Way of the Blue Mountains ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $101k (12% of expenses). Other salaries and wages came to $58k. At year end it held assets of $1.5m against liabilities of $121k, net assets of $1.4m. It reported 4 employees.