United Way of Aiken County

Analysis

United Way of Aiken County is a registered charity in United States, based in Aiken, SC. It received its IRS tax-exemption ruling in February 1956, 70 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 Aiken County reported income of $2.1m and spending of $2.2m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $2.1m (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 100% 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 Aiken County sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within SC. Charities of a similar size with the same main cause include Brandywine Valley Active Aging ($2.1m), Big Brothers Big Sisters of Southern Arizona Incorporated ($2.1m) and Suzuki School of Newton Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $97k (4.4% of expenses). Other salaries and wages came to $198k. At year end it held assets of $3.7m against liabilities of $2.5m, net assets of $1.2m. It reported 10 employees.