United Way of Pasco County Inc

Analysis

United Way of Pasco County Inc is a registered charity in United States, based in Land O Lakes, FL. It received its IRS tax-exemption ruling in November 1982, 44 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 Pasco County Inc reported income of $1.8m and spending of $1.9m, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.7m to $1.8m (+7.3%), an average of +1.4% a year. The sharpest change came in the year to June 2021, when income rose by 83%. Over the whole period it spent 100% 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 Pasco County Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Fundacion Luis Munoz Marin Inc ($1.8m), Womens Center Inc ($1.8m) and Ladies of Charity Lake Travis Inc ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $403k. At year end it held assets of $2.3m against liabilities of $4,294, net assets of $2.3m. It reported 9 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.