United Way of Rockingham County Inc

Analysis

United Way of Rockingham County Inc is a registered charity in United States, based in Wentworth, NC. It received its IRS tax-exemption ruling in July 1971, 55 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 Rockingham County Inc reported income of $776k and spending of $813k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $486k to $776k (+60%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 154%. Over the whole period it spent 114% 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 Rockingham County Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Project Pericles Inc ($775k), Cyclical Incorporated ($777k) and Independent Fire Company No 1 Inc ($775k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $74k (9.1% of expenses). Other salaries and wages came to $16k. At year end it held assets of $1.4m against liabilities of $6,215, net assets of $1.4m. It reported 2 employees.