United Way of Whitewater Valley

Analysis

United Way of Whitewater Valley is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in August 1970, 56 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 March 2024, United Way of Whitewater Valley reported income of $247k and spending of $390k, spending 158% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income fell from $492k to $247k (-50%), an average of -13% a year. The sharpest change came in the year to March 2021, when income rose by 50%. Over the whole period it spent 119% 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 Whitewater Valley sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include United Way of Adams County ($247k), Wyandot County Community Foundation Inc ($247k) and Calaveras Community Foundation ($247k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $73k (19% of expenses). At year end it held assets of $614k against liabilities of $119k, net assets of $495k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.