United Way Emerald Coast Inc

Analysis

United Way Emerald Coast Inc is a registered charity in United States, based in Ft Walton BCH, FL. It received its IRS tax-exemption ruling in December 1960, 66 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 2023, United Way Emerald Coast Inc reported income of $1.5m and spending of $1.4m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.5m (+6.9%), an average of +2.3% a year. The sharpest change came in the year to June 2023, when income rose by 24%. 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 Emerald Coast Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Save a Pet Inc ($1.5m), Ouachita Ministries Inc ($1.5m) and High Desert Leapin Lizards Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.5% of the total. Other salaries and wages came to $328k. At year end it held assets of $1.7m against liabilities of $738k, net assets of $959k. It reported 11 employees.