United Way of Bristol Tenn Va Inc

Analysis

United Way of Bristol Tenn Va Inc is a registered charity in United States, based in Bristol, TN. It received its IRS tax-exemption ruling in March 1981, 45 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 December 2023, United Way of Bristol Tenn Va Inc reported income of $1.8m and spending of $1.3m, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.8m (+36%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 61% 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 Bristol Tenn Va 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 86th percentile within TN. Charities of a similar size with the same main cause include Benedictine Living Community of Wahpeton ($1.8m), International Housing and Economic Development Corporation ($1.8m) and Habitat for Humanity International Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $109k (8.3% of expenses). Other salaries and wages came to $127k. At year end it held assets of $9.5m against liabilities of $841k, net assets of $8.7m. It reported 4 employees.