United Way of Putnam County Inc

Analysis

United Way of Putnam County Inc is a registered charity in United States, based in Ottawa, OH. It received its IRS tax-exemption ruling in September 1976, 50 years ago. 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 Putnam County Inc reported income of $211k and spending of $261k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $298k to $211k (-29%), an average of -8.2% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Putnam County Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Hays Arts Council Inc ($211k), Dardanelle Retirement Center ($211k) and Womens Aux of the Jewish Home for the Eldry of Fairfield Cnty Inc ($211k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $21k (8.1% of expenses). At year end it held assets of $82k against liabilities of $4,992, net assets of $77k. It reported 1 employees.