United Way of Central Ohio Inc

Analysis

United Way of Central Ohio Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 1952, 74 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 March 2023, United Way of Central Ohio Inc reported income of $22.8m and spending of $23.6m, spending 103% of its income. Across the 4 years on record, from March 2020 to March 2023, income fell from $28.7m to $22.8m (-21%), an average of -7.4% a year. Over the whole period it spent 102% 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 Central Ohio Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Community Foundation of Greater Fort Wayne Inc ($22.7m), Community Foundation of Acadiana ($22.9m) and Essex County Community FDN Inc ($22.7m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $1.1m (4.5% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $33.6m against liabilities of $10.2m, net assets of $23.4m. It reported 82 employees.