United Way of Scotland County Inc

Analysis

United Way of Scotland County Inc is a registered charity in United States, based in Laurinburg, NC. It received its IRS tax-exemption ruling in April 1954, 72 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 December 2023, United Way of Scotland County Inc reported income of $279k and spending of $349k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $355k to $279k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2021, when income dropped by 24%. Over the whole period it spent 106% 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 Way of Scotland County Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Festa Do Divino Espirito Santo of Oakdale ($279k), Waverly-Shell Rock Area United Way Inc ($279k) and Tip of the Spear Foundation ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. Other salaries and wages came to $53k. At year end it held assets of $559k against liabilities of $21k, net assets of $538k. It reported 1 employees.