United Way of Nelson County Inc

Analysis

United Way of Nelson County Inc is a registered charity in United States, based in Bardstown, KY. It received its IRS tax-exemption ruling in December 1993, 33 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 Nelson County Inc reported income of $283k and spending of $238k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $344k to $283k (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 85% 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 Nelson County Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within KY. Charities of a similar size with the same main cause include State Forty Eight Foundation ($283k), Headington Institute Foundation ($283k) and Anchorage Housing Initiatives Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $25k (11% of expenses). At year end it held assets of $408k against liabilities of $0, net assets of $408k. It reported 1 employees.