United Way of Gibson County Inc

Analysis

United Way of Gibson County Inc is a registered charity in United States, based in Princeton, IN. It received its IRS tax-exemption ruling in January 1982, 44 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 January 2023, United Way of Gibson County Inc reported income of $151k and spending of $267k, spending 177% of what it took in. Across the 4 years on record, from January 2020 to January 2023, income fell from $181k to $151k (-17%), an average of -6.0% a year. The sharpest change came in the year to January 2022, when income rose by 57%. Over the whole period it spent 183% 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 Gibson County Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within IN. Charities of a similar size with the same main cause include Road to 120-Education Equity for Young Women Inc ($151k), Philippine Nurses Association of New Jersey Foundation Inc ($151k) and 501 Collective ($151k).

On its Form 990 for the period ending January 2023, revenue came from contributions and grants 81% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $58k (22% of expenses). Other salaries and wages came to $23k. At year end it held assets of $778k against liabilities of $8,427, net assets of $769k. It reported 2 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.