Greater Valdosta United Way Inc

Analysis

Greater Valdosta United Way Inc is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in November 1977, 49 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, Greater Valdosta United Way Inc reported income of $1.5m and spending of $1.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $760k to $1.5m (+100%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Valdosta United Way Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Young House Family Services ($1.5m), Working in Neighborhoods ($1.5m) and National Science & Technology Medals Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $79k (5.1% of expenses). Other salaries and wages came to $104k. At year end it held assets of $4.6m against liabilities of $3,421, net assets of $4.6m. It reported 5 employees.