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County United Way Inc

RegisteredEIN 52-0695477Cumberland, MDGrant-making and general purposes
Income$511k2024-06
Spending$388ksame year
Spent / received90%5-year average
Size in its cause73rd pctGrant-making and general purposes
Exempt since1959Publicly supported organisat
Employees4latest return

Analysis

County United Way Inc is a registered charity in United States, based in Cumberland, MD. It received its IRS tax-exemption ruling in June 1959, 67 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 2024, County United Way Inc reported income of $511k and spending of $388k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $527k to $511k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, County United Way Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Henrik Lundqvist Foundation Inc ($511k), Lenoir County United Way ($512k) and Paris-Henry County Healthcare Foundation Inc ($511k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $149k. At year end it held assets of $1.0m against liabilities of $154k, net assets of $860k. It reported 4 employees.

Income and spending

$0$164k$329k$493k$658k2020 Income: $526,5312020 Spending: $511,73920202021 Income: $657,7202021 Spending: $489,62020212022 Income: $506,7812022 Spending: $500,19220222023 Income: $396,1902023 Spending: $460,76820232024 Income: $511,3982024 Spending: $388,3652024
IncomeSpending

Where the income comes from

  • Contributions & grants 87%
  • Other 13%

Similar-sized charities, same cause

CharityLocationIncome
Henrik Lundqvist Foundation IncOcean$511k
Lenoir County United WayKinston$512k
Paris-Henry County Healthcare Foundation IncParis$511k
Hugh Chatham Memorial Hospital FoundationElkin$512k