Jefferson County United Way Inc

Analysis

Jefferson County United Way Inc is a registered charity in United States, based in Madison, IN. It received its IRS tax-exemption ruling in December 1960, 66 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, Jefferson County United Way Inc reported income of $243k and spending of $228k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $297k to $243k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2020, when income rose by 101%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jefferson County United Way Inc 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 Real Estate One Charitable FDN ($243k), Regalitos Foundation of Florida Inc ($243k) and Cura Smiles Inc ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $49k (21% of expenses). Other salaries and wages came to $3,567. At year end it held assets of $482k against liabilities of $1,535, net assets of $480k. It reported 3 employees.