United Way of Wilson County Inc

Analysis

United Way of Wilson County Inc is a registered charity in United States, based in Wilson, NC. It received its IRS tax-exemption ruling in May 1961, 65 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 December 2022, United Way of Wilson County Inc reported income of $638k and spending of $904k, spending 142% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.2m to $638k (-46%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. Over the whole period it spent 111% 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 Wilson County Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Operation Once in a Lifetime ($638k), Coap Incorporated ($638k) and Southeast Chicago Commission ($638k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $142k. At year end it held assets of $2.1m against liabilities of $8,215, net assets of $2.0m. It reported 2 employees.