United Way of Toombs Montgomery Counties Inc

Analysis

United Way of Toombs Montgomery Counties Inc is a registered charity in United States, based in Vidalia, GA. It received its IRS tax-exemption ruling in April 1990, 36 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, United Way of Toombs Montgomery Counties Inc reported income of $534k and spending of $541k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $521k to $534k (+2.6%), an average of +0.7% a year. The sharpest change came in the year to December 2020, when income rose by 18%. 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 Toombs Montgomery Counties Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Wood River Womens Foundation ($534k), Slingshot Fund Inc ($535k) and North Carolina Foundation for Public School Children ($534k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $70k (13% of expenses). At year end it held assets of $436k against liabilities of $1,453, net assets of $434k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.