United Way of Ashland County Ohio Inc

Analysis

United Way of Ashland County Ohio Inc is a registered charity in United States, based in Ashland, OH. It received its IRS tax-exemption ruling in April 1959, 67 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 2023, United Way of Ashland County Ohio Inc reported income of $838k and spending of $862k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $949k to $838k (-12%), an average of -3.1% a year. Over the whole period it spent 94% 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 Ashland County Ohio Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Islesboro Islands Trust ($838k), Vineyard Power Development Fund Inc ($838k) and Bexley Community Foundation ($837k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $94k (11% of expenses). Other salaries and wages came to $46k. At year end it held assets of $1.6m against liabilities of $287k, net assets of $1.4m. It reported 3 employees.