United Way of Virginias Blue Ridge

Analysis

United Way of Virginias Blue Ridge is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in August 1942, 84 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, United Way of Virginias Blue Ridge reported income of $5.6m and spending of $5.8m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $5.6m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of Virginias Blue Ridge sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Northern Piedmont Community Foundation ($5.6m), Skagit Community Foundation ($5.6m) and Pinebelt Foundation ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $84k (1.4% of expenses). Other salaries and wages came to $746k. At year end it held assets of $7.6m against liabilities of $1.1m, net assets of $6.6m. It reported 43 employees.