United Way of Jasper County

Analysis

United Way of Jasper County is a registered charity in United States, based in Newton, IA. It received its IRS tax-exemption ruling in December 1965, 61 years ago. 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 Jasper County reported income of $344k and spending of $312k, spending 91% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $382k to $344k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to March 2021, when income dropped by 20%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Jasper County 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 64th percentile, and in the 66th percentile within IA. Charities of a similar size with the same main cause include Northwestern Connecticut Youth Hockey and Skating Association Inc ($344k), The Tennessee Williams-New Orleans Literary Festival Inc ($344k) and Friends of the Fort Worth Nature Center & Refuge Inc ($344k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $62k (20% of expenses). At year end it held assets of $649k against liabilities of $2,259, net assets of $647k. It reported 1 employees.