United Way of Sumner County

Analysis

United Way of Sumner County is a registered charity in United States, based in Hendersonvlle, TN. It received its IRS tax-exemption ruling in June 1997, 29 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 Sumner County reported income of $1.2m and spending of $1.1m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $791k to $1.2m (+48%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 97% 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 Sumner County sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Jamie & Denise Jacob Family Foundation ($1.2m), Gurwin Jewish Geriatric Foundation Inc ($1.2m) and KBR Charitable Foundation Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 101% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $127k (11% of expenses). Other salaries and wages came to $96k. At year end it held assets of $1.2m against liabilities of $904k, net assets of $271k. It reported 5 employees.