United Way of Oconee County Inc

Analysis

United Way of Oconee County Inc is a registered charity in United States, based in Seneca, SC. It received its IRS tax-exemption ruling in May 1967, 59 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, United Way of Oconee County Inc reported income of $492k and spending of $612k, spending 124% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $434k to $492k (+13%), an average of +4.3% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 115% 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 Oconee County Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within SC. Charities of a similar size with the same main cause include Dan and Ellen Zelman Family Foundation ($492k), United Way of Danville Pittsylvania County ($492k) and Jaws Youth Fund ($492k).

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 $109k (18% of expenses). Other salaries and wages came to $95k. At year end it held assets of $963k against liabilities of $550k, net assets of $413k. It reported 3 employees.