United Way of Franklin County

Analysis

United Way of Franklin County is a registered charity in United States, based in Brookville, IN. It received its IRS tax-exemption ruling in April 1991, 35 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 2022, United Way of Franklin County reported income of $73k and spending of $124k, spending 170% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $83k to $73k (-12%), an average of -4.1% a year. The sharpest change came in the year to December 2020, when income rose by 423%. Over the whole period it spent 117% 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 Franklin County sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within IN. Charities of a similar size with the same main cause include Mission Connect Inc ($73k), Anahuac Isd Education Foundation Inc ($73k) and Friendly Sons of St Patrick Foundation ($73k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 95% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $23k (18% of expenses). At year end it held assets of $208k against liabilities of $19k, net assets of $189k. It reported 1 employees.