Franklin County Area United Way Inc

Analysis

Franklin County Area United Way Inc is a registered charity in United States, based in Washington, MO. It received its IRS tax-exemption ruling in December 1955, 71 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 June 2023, Franklin County Area United Way Inc reported income of $1.4m and spending of $1.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.4m (+3.3%), an average of +0.8% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Franklin County Area United Way Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MO. Charities of a similar size with the same main cause include Access Philanthropy Charities ($1.4m), Chaffee County Community Foundation ($1.4m) and Vermont Childrens Trust Foundation ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $79k (5.8% of expenses). Other salaries and wages came to $74k. At year end it held assets of $1.2m against liabilities of $604k, net assets of $577k.