United Way of Fostoria Ohio Inc

Analysis

United Way of Fostoria Ohio Inc is a registered charity in United States, based in Fostoria, OH. It received its IRS tax-exemption ruling in November 1958, 68 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 Fostoria Ohio Inc reported income of $414k and spending of $389k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $414k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 100% 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 Fostoria Ohio Inc 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 United Way of Eastern Lasalle County Inc ($414k), Foundation for Legacy Planning Inc ($415k) and Lexington County School District One Educational Foundation ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $109k. At year end it held assets of $552k against liabilities of $2,019, net assets of $550k. It reported 3 employees.