United Way of Obion County Inc

Analysis

United Way of Obion County Inc is a registered charity in United States, based in Union City, TN. It received its IRS tax-exemption ruling in December 1966, 60 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 Obion County Inc reported income of $76k and spending of $91k, spending 120% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $74k to $76k (+3.4%), an average of +0.9% a year. The sharpest change came in the year to June 2023, when income rose by 389%. Over the whole period it spent 98% 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 Obion County Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within TN. Charities of a similar size with the same main cause include Barish Foundation Inc ($76k), Liga Ecuatoriana de LA Florida Inc ($76k) and National Charity League Inc Fort Worth Chapter ($76k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 20% of the total. Other salaries and wages came to $18k. At year end it held assets of $110k against liabilities of $0, net assets of $110k. It reported 1 employees.