United Way of South Central Tennessee

Analysis

United Way of South Central Tennessee is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in February 1979, 47 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 2024, United Way of South Central Tennessee reported income of $2.6m and spending of $2.7m, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.4m to $2.6m (+9.9%), an average of +2.4% 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 South Central Tennessee sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include Teen Challenge of Birmingham Inc ($2.6m), The Arc of the Mid-South ($2.6m) and Care Help of Sulphur Inc ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $288k (11% of expenses). Other salaries and wages came to $589k. At year end it held assets of $3.5m against liabilities of $1.4m, net assets of $2.1m. It reported 19 employees.