United Way of Anderson County

Analysis

United Way of Anderson County is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in June 1968, 58 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 June 2023, United Way of Anderson County reported income of $2.0m and spending of $1.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.0m (+1.4%), an average of +0.3% a year. Over the whole period it spent 94% 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 Anderson 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 Charitable Allies Inc ($2.0m), Wee Workshop Inc ($2.0m) and Detroit Ringo Kai ($2.0m).

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 $136k (7.0% of expenses). Other salaries and wages came to $660k. At year end it held assets of $2.7m against liabilities of $190k, net assets of $2.5m. It reported 30 employees.