United Way of Ashtabula County

Analysis

United Way of Ashtabula County is a registered charity in United States, based in Ashtabula, OH. It received its IRS tax-exemption ruling in March 1962, 64 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 2023, United Way of Ashtabula County reported income of $537k and spending of $621k, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $607k to $537k (-11%), an average of -4.0% a year. The sharpest change came in the year to June 2023, when income dropped by 15%. Over the whole period it spent 103% 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 Ashtabula County sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Reserve at Lake Keowee Charitable Foundation ($537k), Friends of Imrei Daat Inc ($537k) and 1voice Foundation Inc ($536k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $64k (10% of expenses). Other salaries and wages came to $37k. At year end it held assets of $274k against liabilities of $26k, net assets of $249k. It reported 2 employees.