United Way of Union County Inc

Analysis

United Way of Union County Inc is a registered charity in United States, based in El Dorado, AR. It received its IRS tax-exemption ruling in October 1969, 57 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 Union County Inc reported income of $2.0m and spending of $1.6m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.0m (+52%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 30%. 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 Union County Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within AR. Charities of a similar size with the same main cause include Yellow Springs Community Foundation ($2.0m), Westminster-Canterbury of the Blue ($2.0m) and Yaldei Shluchei Harebbe Special Needs Organization ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $62k (3.9% of expenses). Other salaries and wages came to $54k. At year end it held assets of $15.2m against liabilities of $1.4m, net assets of $13.8m. It reported 3 employees.