United Way of Southeast Mississippi Inc

Analysis

United Way of Southeast Mississippi Inc is a registered charity in United States, based in Hattiesburg, MS. It received its IRS tax-exemption ruling in August 1958, 68 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 March 2024, United Way of Southeast Mississippi Inc reported income of $1.4m and spending of $1.0m, leaving 24% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.1m to $1.4m (+26%), an average of +5.9% a year. The sharpest change came in the year to March 2024, when income rose by 39%. 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 Southeast Mississippi Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within MS. Charities of a similar size with the same main cause include Friends of Vancouver Foundation ($1.4m), Vermont Childrens Trust Foundation ($1.4m) and Blackford County Community Foundation ($1.4m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 74% and program service revenue 15% of the total. Other salaries and wages came to $223k. At year end it held assets of $2.4m against liabilities of $52k, net assets of $2.3m. It reported 6 employees.