United Way of Trumbull County

Analysis

United Way of Trumbull County is a registered charity in United States, based in Warren, OH. It received its IRS tax-exemption ruling in March 1972, 54 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 Trumbull County reported income of $583k and spending of $520k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $681k to $583k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 97% 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 Trumbull County sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Forever Home Inc ($583k), Programa de Ayuda Humanitaria Para Venezuela ($584k) and Givesendgo Charities ($582k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $97k (19% of expenses). Other salaries and wages came to $19k. At year end it held assets of $1.5m against liabilities of $464k, net assets of $1.1m. It reported 7 employees.