United Way of Harrisonburg & Rockingham County Inc

Analysis

United Way of Harrisonburg & Rockingham County Inc is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in October 1958, 68 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 April 2024, United Way of Harrisonburg & Rockingham County Inc reported income of $716k and spending of $734k, spending 103% of its income. Across the 5 years on record, from April 2020 to April 2024, income fell from $1.3m to $716k (-47%), an average of -15% a year. The sharpest change came in the year to April 2021, when income dropped by 30%. Over the whole period it spent 108% 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 Harrisonburg & Rockingham County 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 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Conard Housing Development Corporation ($716k), The Foundation for NC A&t State Uni Versi ($716k) and Criminal Defense Attorneys of Michigan ($716k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $279k. At year end it held assets of $1.1m against liabilities of $149k, net assets of $959k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.