United Fund of Surry Inc

Analysis

United Fund of Surry Inc is a registered charity in United States, based in Mount Airy, NC. It received its IRS tax-exemption ruling in March 1970, 56 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 September 2023, United Fund of Surry Inc reported income of $566k and spending of $560k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $468k to $566k (+21%), an average of +4.9% a year. The sharpest change came in the year to September 2023, when income rose by 22%. Over the whole period it spent 99% 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 Fund of Surry Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Daytona Beach Golf Charities ($566k), United Way of Eddy County ($566k) and The Bronx Community College Foundation Inc ($565k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $48k (8.5% of expenses). Other salaries and wages came to $29k. At year end it held assets of $330k against liabilities of $52k, net assets of $278k. It reported 3 employees.