Black River United Way

Analysis

Black River United Way is a registered charity in United States, based in Georgetown, SC. It received its IRS tax-exemption ruling in July 1978, 48 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, Black River United Way reported income of $595k and spending of $661k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $754k to $595k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Black River United Way sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within SC. Charities of a similar size with the same main cause include Ife Foundation ($594k), Muslim Welfare Association ($595k) and Jefferson Energy Cooperative Foundation Inc ($593k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $79k (12% of expenses). Other salaries and wages came to $157k. At year end it held assets of $550k against liabilities of $44k, net assets of $507k. It reported 9 employees.