United Way of Virginias Eastern Shore Inc

Analysis

United Way of Virginias Eastern Shore Inc is a registered charity in United States, based in Onley, VA. It received its IRS tax-exemption ruling in February 1992, 34 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, United Way of Virginias Eastern Shore Inc reported income of $256k and spending of $272k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $355k to $256k (-28%), an average of -7.8% a year. The sharpest change came in the year to June 2021, when income dropped by 23%. Over the whole period it spent 112% 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 Eastern Shore Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include For the Future Foundation ($256k), Philoscare Corp ($256k) and Planting Seeds International ($256k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $38k (14% of expenses). At year end it held assets of $339k against liabilities of $180k, net assets of $159k. It reported 1 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.