The United Way of Van Wert County Ohio Incorportaed

Analysis

The United Way of Van Wert County Ohio Incorportaed is a registered charity in United States, based in Van Wert, OH. It received its IRS tax-exemption ruling in July 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 June 2024, The United Way of Van Wert County Ohio Incorportaed reported income of $410k and spending of $476k, spending 116% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $554k to $410k (-26%), an average of -7.3% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The United Way of Van Wert County Ohio Incorportaed sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Oakland Rotary Endowment ($409k), Upper Makefield Fire Company ($410k) and Bethel International Missions Center Inc ($409k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $52k (11% of expenses). Other salaries and wages came to $31k. At year end it held assets of $731k against liabilities of $317k, net assets of $414k. It reported 3 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.