United Way of Huron

Analysis

United Way of Huron is a registered charity in United States, based in Huron, SD. It received its IRS tax-exemption ruling in September 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, United Way of Huron reported income of $294k and spending of $334k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $415k to $294k (-29%), an average of -8.3% a year. The sharpest change came in the year to June 2021, when income dropped by 26%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, United Way of Huron sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within SD. Charities of a similar size with the same main cause include Village Afrocentric Cultural Center Inc ($294k), Hudson Valley Adoption Services Inc ($294k) and Community Caregivers Inc ($293k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $44k (13% of expenses). At year end it held assets of $672k against liabilities of $1,478, net assets of $670k. It reported 1 employees.