United Way of Rome and Floyd County Inc

Analysis

United Way of Rome and Floyd County Inc is a registered charity in United States, based in Rome, GA. It received its IRS tax-exemption ruling in January 1959, 67 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 2022, United Way of Rome and Floyd County Inc reported income of $438k and spending of $534k, spending 122% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $462k to $438k (-5.2%), an average of -1.8% a year. The sharpest change came in the year to December 2021, when income dropped by 27%. Over the whole period it spent 99% 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 Rome and Floyd County Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include New Mexico Cancer Center Foundation ($438k), Girls on the Run Hudson Valley Inc ($438k) and Williamstown Community Chest ($438k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (15% of expenses). Other salaries and wages came to $95k. At year end it held assets of $123k against liabilities of $2,329, net assets of $120k. It reported 5 employees.