United Way of the Ouachitas

Analysis

United Way of the Ouachitas is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in May 1978, 48 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 2021, United Way of the Ouachitas reported income of $403k and spending of $388k, spending 96% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $326k to $403k (+24%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 101% 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 the Ouachitas sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within AR. Charities of a similar size with the same main cause include 100 Men of Dane County Inc ($403k), Westminster Scotlandville Inc ($403k) and Alcoholics Anonymous Central Service Committee ($403k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $58k (15% of expenses). Other salaries and wages came to $58k. It paid $16k in professional fundraising fees. At year end it held assets of $491k against liabilities of $29k, net assets of $462k. It reported 6 employees.