United Way of Licking County Ohio Inc

Analysis

United Way of Licking County Ohio Inc is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in May 1956, 70 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 Licking County Ohio Inc reported income of $1.4m and spending of $1.7m, spending 119% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $1.7m to $1.4m (-17%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income dropped by 40%. Over the whole period it spent 96% 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 Licking County Ohio Inc 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 83rd percentile within OH. Charities of a similar size with the same main cause include Blue Ridge Wildlife Center ($1.4m), Tempe Diablos Charities Inc ($1.4m) and American Friends of Kishorit Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $101k (6.0% of expenses). Other salaries and wages came to $308k. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.