United Way of Northeast Georgia Inc

Analysis

United Way of Northeast Georgia Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in April 1965, 61 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 Northeast Georgia Inc reported income of $1.3m and spending of $1.4m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.3m (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2021, when income dropped by 15%. Over the whole period it spent 92% 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 Northeast 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 82nd percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include West Lakes HWC Inc ($1.3m), Nancy Ann Hunt Foundation ($1.3m) and Abundance Capital ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $188k (14% of expenses). Other salaries and wages came to $19k. At year end it held assets of $1.5m against liabilities of $819k, net assets of $645k. It reported 6 employees.