United Way of Southwest Georgia Inc

Analysis

United Way of Southwest Georgia Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in January 1954, 72 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 Southwest Georgia Inc reported income of $1.2m and spending of $1.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $935k to $1.2m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 93% 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 Southwest Georgia Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Shenandoah Medical Center Foundation ($1.2m), Partners Charity Fund for Israel ($1.2m) and Hanscom Fcu Charitable Foundation Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $105k (8.7% of expenses). Other salaries and wages came to $236k. At year end it held assets of $1.6m against liabilities of $77k, net assets of $1.5m. It reported 8 employees.