Burke County United Way

Analysis

Burke County United Way is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in October 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 2024, Burke County United Way reported income of $424k and spending of $485k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $339k to $424k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Burke County United Way sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include The Relational Center ($423k), Alabama Oilmens Invitational Inc ($424k) and Davidson Nicely Associate Assistance Fund ($423k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $100k. At year end it held assets of $410k against liabilities of $6,491, net assets of $404k. It reported 3 employees.