United Way of Pitt County Inc

Analysis

United Way of Pitt County Inc is a registered charity in United States, based in Greenville, NC. It received its IRS tax-exemption ruling in October 1975, 51 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 June 2024, United Way of Pitt County Inc reported income of $2.0m and spending of $1.9m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.8m to $2.0m (+9.3%), an average of +1.8% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 102% 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 Pitt County Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Cheyenne County Community Center Foundation Inc ($2.0m), United States Marshals Museum Foundation Inc ($2.0m) and Athens Montessori School Inc ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $86k (4.5% of expenses). Other salaries and wages came to $116k. At year end it held assets of $665k against liabilities of $77k, net assets of $588k. It reported 4 employees.