Rhea County United Way

Analysis

Rhea County United Way is a registered charity in United States, based in Dayton, TN. It received its IRS tax-exemption ruling in May 1990, 36 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 December 2023, Rhea County United Way reported income of $236k and spending of $263k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $236k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rhea County United Way sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include Canoeing for Kids ($235k), JT Mestdagh Foundation ($236k) and Creating Caring Communities ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $40k (15% of expenses). Other salaries and wages came to $20k. At year end it held assets of $347k against liabilities of $61k, net assets of $286k. It reported 2 employees.