United Way of Sumter Clarendon and Lee Counties Inc

Analysis

United Way of Sumter Clarendon and Lee Counties Inc is a registered charity in United States, based in Sumter, SC. It received its IRS tax-exemption ruling in January 1971, 55 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 2023, United Way of Sumter Clarendon and Lee Counties Inc reported income of $505k and spending of $569k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $742k to $505k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 96% 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 Sumter Clarendon and Lee Counties Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within SC. Charities of a similar size with the same main cause include Calvary Life Baptist Chapel ($505k), Southwest Educational Ministries Association ($505k) and National Church Residences of ($505k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $82k (14% of expenses). Other salaries and wages came to $178k. At year end it held assets of $776k against liabilities of $57k, net assets of $719k. It reported 20 employees.