United Way of Greater Chattanooga

Analysis

United Way of Greater Chattanooga is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in October 1957, 69 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 June 2024, United Way of Greater Chattanooga reported income of $10.8m and spending of $11.7m, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $9.9m to $10.8m (+9.3%), an average of +1.8% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 111% 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 Greater Chattanooga sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TN. Charities of a similar size with the same main cause include Inter-Tribal Council of Nevada ($10.7m), The Community Foundation ($10.9m) and Tomchai Torah Beretz Yisrael Inc ($10.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $433k (3.7% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $29.6m against liabilities of $4.8m, net assets of $24.8m. It reported 52 employees.