Granville County United Way Inc

Analysis

Granville County United Way Inc is a registered charity in United States, based in Oxford, NC. It received its IRS tax-exemption ruling in December 1988, 38 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, Granville County United Way Inc reported income of $412k and spending of $310k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $366k to $412k (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 44%. 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, Granville County United Way Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Belmond Community Hospital Foundation ($412k), Aveanna Healthcare Relief Fund Inc ($413k) and Alamo Events Inc ($411k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $129k (42% of expenses). At year end it held assets of $920k against liabilities of $15k, net assets of $905k. It reported 1 employees.