United Way of Sevier County

Analysis

United Way of Sevier County is a registered charity in United States, based in Sevierville, TN. It received its IRS tax-exemption ruling in April 1986, 40 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 May 2023, United Way of Sevier County reported income of $822k and spending of $583k, leaving 29% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $531k to $822k (+55%), an average of +12% a year. The sharpest change came in the year to May 2023, when income rose by 69%. Over the whole period it spent 83% 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 Sevier County sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Swift County Developmental Achievement Center Inc ($822k), St John United Way ($822k) and Beauvoir the Jefferson Davis Home & Presidential Library ($822k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 114% of the total. Other salaries and wages came to $152k. At year end it held assets of $817k against liabilities of $462k, net assets of $355k.