Nevada County United Way

Analysis

Nevada County United Way is a registered charity in United States, based in Grass Valley, CA. It received its IRS tax-exemption ruling in March 1984, 42 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 December 2023, Nevada County United Way reported income of $98k and spending of $177k, spending 180% of what it took in. Across the 5 years on record, from March 2020 to December 2023, income fell from $239k to $98k (-59%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nevada County United Way 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 36th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include International Association of Lions Clubs ($98k), National Ice Hockey Official Association Inc ($98k) and Veteran S Outreach Center Inc ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $64k (36% of expenses). Other salaries and wages came to $33k. At year end it held assets of $719k against liabilities of $254k, net assets of $465k. It reported 6 employees.