United Way of North Central Ohio Inc

Analysis

United Way of North Central Ohio Inc is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in May 1963, 63 years ago. 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 North Central Ohio Inc reported income of $1.1m and spending of $914k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.4m to $1.1m (-22%), an average of -5.9% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of North Central Ohio Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Broadway House Corporation ($1.1m), Americana Community Center Inc ($1.1m) and Cultureworks Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $70k (7.7% of expenses). Other salaries and wages came to $153k. At year end it held assets of $2.2m against liabilities of $112k, net assets of $2.1m. It reported 7 employees.