United Way of Northwest Arkansas Inc

Analysis

United Way of Northwest Arkansas Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in November 1971, 55 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 Northwest Arkansas Inc reported income of $2.6m and spending of $3.1m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.6m (-8.2%), an average of -2.1% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 112% 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 Northwest Arkansas Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within AR. Charities of a similar size with the same main cause include Jewish Federation of Greater Des Moines ($2.6m), Must ($2.6m) and Fearless Foundation ($2.6m).

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 $137k (4.4% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $907k against liabilities of $651k, net assets of $256k. It reported 25 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.