United Way of Fort Smith Area Inc

Analysis

United Way of Fort Smith Area Inc is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in June 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 Fort Smith Area Inc reported income of $3.1m and spending of $2.3m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to December 2023, income grew from $2.1m to $3.1m (+49%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 100% 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 Fort Smith Area Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within AR. Charities of a similar size with the same main cause include Kitsap Community Foundation ($3.1m), United Way of Collier and the Keys Inc ($3.1m) and Partners Relief & Development ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $343k. At year end it held assets of $12.9m against liabilities of $54k, net assets of $12.8m. It reported 7 employees.