United Way of Franklin County

Analysis

United Way of Franklin County is a registered charity in United States, based in Winchester, TN. It received its IRS tax-exemption ruling in May 2000, 26 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, United Way of Franklin County reported income of $195k and spending of $217k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $256k to $195k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 90% 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 Franklin County sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include Pine River Area Foundation Inc ($195k), Best Robotics Inc ($195k) and Raba Kistner Charitable Foundation ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $37k (17% of expenses). At year end it held assets of $443k against liabilities of $5,974, net assets of $437k. It reported 2 employees.