Franklin-Southampton Area United Way

Analysis

Franklin-Southampton Area United Way is a registered charity in United States, based in Franklin, VA. It received its IRS tax-exemption ruling in February 1985, 41 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 December 2023, Franklin-Southampton Area United Way reported income of $188k and spending of $159k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $160k to $188k (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Franklin-Southampton Area United Way sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Ella M Rohlffs Fon ($188k), Orange County Sheriff Foundation Inc ($188k) and The United Way of Northwest Connecticut Inc ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $41k. At year end it held assets of $407k against liabilities of $44k, net assets of $363k. It reported 1 employees.